‘Buy now, Pay later’ Booming in eCommerce

86% of US consumers are interested in BNPL (Buy Now Pay Later) economy. They need freedom and convenient payment option to pamper their spending spree. As such retailers are also throwing attractive EMI facilities, Deferred Payment Facilities as well as BNPL options. One such provider, Klarna, has informed that 190,000 merchants as of November 2019 have been enrolled for the BNPL program and globally 16 million consumers have taken advantage of it. It is now a growing trend in the market and the growth rate is staggering 6 million a year in the US.

We are in a process to provide a comprehensive list of US Stores offering Buy Now Pay Later options, a few even without any credit check. So, let’s have a look at that as well.

Ref: ECONSULTANCY.com

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