PayPal, Apple and even credit card companies themselves are trying to get in on the action.
WSJ explains how these services work, how they differ from traditional credit card payments and why some consumers have concerns.
Read the full article HERE
Consumers have flocked to “buy now, pay later” businesses in recent years as a way to make big purchases more manageable. In fact, these new services have become big competition for traditional store credit cards. Their rapid growth is raising questions about the benefits and risks for consumers, as well as the lack of regulation.
In this episode of Truth in Data, PaymentsJournal discusses potential pitfalls for merchants offering BNPL.
Apple is developing a perk for Apple Pay users that will allow them to buy products and pay for them in monthly installments, according to a Bloomberg report.
Read all the details at The Financial Brand HERE