The Appeal and Proliferation of Buy Now, Pay Later: Consumer and Merchant Perspectives
Abstract: Use of buy now, pay later (BNPL) payment products has been growing in the United States. We explore the benefits and risks of BNPL products for consumers and merchants.
File format is application/pdf
Description: Full text
Provider: Federal Reserve Bank of Kansas City
Part of Series: Payments System Research Briefing
Publication Date: 2021-11-10
Issue: November 10, 2021