Buy now, pay later (BNPL) services are gaining the interest of consumers – but more importantly, the payment option is finding widespread use.
In a recent report done in conjunction between PYMNTS and Amazon Web Services (AWS), surveys of more than 2,200 consumers showed that not only are consumers finding the convenience of BNPL a selling point – along with the ability to spread out predictable/affordable payments – but they also want to use BNPL for bigger-ticket purchases.