Buy now, pay later: all you need to know
In Europe, 23% of consumers use buy now, pay later (BNPL), while in APAC (24%) and MENAP (20%), the picture is similar. These numbers are on the rise. The pandemic was an initial driver but now a multitude of other factors have come into play to create a perfect storm for BNPL.
However, around the globe, regulators are keeping watch and may well step in to provide better safeguards for consumers.
To decide whether it’s right for your business, we’ve created a guide. In it, we explore:
The factors driving the rise of BNPL
How merchants are benefitting
Which consumer demographics are using it
The key challenges to offering BNPL
Six hacks to help you, if you add BNPL to your checkout
Table of contents
20 Min read
Introducing the (not so) alternative payment method
Hype or here to stay?
What’s in it for merchants?
To BNPL or not to BNPL – navigating the challenges
Six ways to smartly leverage BNPL
What’s next for BNPL?