The current quick rise of buy now, pay later (BNPL) offerings from financial institutions represents a major change in consumer financing, offering convenient payment installations for many purchases.

Buy now, pay later services are popular, but studies indicate they may cause financial strain and excessive debt. This easy option can also increase financial issues for users.

BNPL has its roots in the 19th century, originating from instalment plans that allowed consumers to purchase expensive items ...

Affirm, which pioneered the buy now, pay later business (BNPL), has partnered with FIS in a deal that will allow the fintech company to offer the pay-over-time service to its banking clients and their ...

New legislation is holding Buy Now Pay Later providers to Australian credit licence standards in an attempt to protect consumers. The Australian Securities & Investments Commission (ASIC ...

According to the Harvard Business Review, consumers who used buy now, pay later (BNPL) services were 9% more likely to make a purchase, and the number of items purchased increased by 10%.