BNPL

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Buy Now Pay Later (BNPL) Explained: Benefits, Risks, & How It Works

Key takeaways: BNPL is an alternative payment method that offers customers installment options at checkout for their purchases. Many BNPL platforms can integrate with most e-commerce websites. Businesses with a BNPL payment option see an increase in sales but the cost of transaction and returns can significantly cut into your bottom line. Buy now, pay later (BNPL) is one of…