Banking On Buy Now, Pay Later: Installment Payments And FIs' Untapped Opportunity
Fifty million consumers have used a Buy Now, Pay Later (BNPL) solution in the past 12 months -- and that number's predicted to skyrocket in the coming years.
Is there consumer appetite for banks to develop their own BNPL solutions? How can financial institutions draw consumers away from an already saturated, FinTech-based market?
In our new report with PYMNTS.com: Banking on Buy Now, Pay Later, we evaluate consumers' BNPL usage and their interest in accessing bank-backed BNPL plans. Download now to learn about: