Showing posts with label building global scale. Show all posts
Showing posts with label building global scale. Show all posts

Tuesday, February 22, 2022

Building Global Scale and Engagement Through BNPL

©iStock/Khaosai Wongnatthakan
I [Laurel Delaney] talked about the business model Buy Now, Pay Later (BNPL), in my Global Trade Trends Report 2022 and that point-of-sale (POS) financing services in the United States have grown significantly over the past 24 months, especially since the onset of COVID-19.

Trends fueling growth include digitization, rising merchant adoption, increasing repeat usage among younger consumers, and an expanding set of players targeting lending at point of sale, a service also known as “buy now, pay later.”

Learn more how banks seeking long-term growth should explore market entry, and merchants should reassess their financing offers.