The new normal: Buy Now, Pay Later
How traditional banks can win in the Buy Now, Pay Later category.
Buy now, Pay later: exploring market opportunities and best practices for traditional banks
Over the past few years, we’ve seen a distinct rise in “Buy Now, Pay Later” (BNPL) payments. These payment options are presented to consumers at checkout to allow repayment over a set number of months, often at zero or very low interest rates. The flexibility to pay over time is creating significant disruption to traditional revolving lines of credit. In this guide, we will explore the rise of BNPL, how banks can win in this category, and best practices to launch a program.
Download this guide to learn more about:
How BNPL works behind the scenes between the cardholder, merchant and BNPL provider
Entry points for traditional banks to expand into BNPL market
What traditional banks should think about when launching a BNPL solution for their customers
