In recent years, 'Buy Now, Pay Later' (BNPL) services have surged in popularity, offering consumers a seemingly convenient way to purchase items without immediate payment. However, beneath the surface ...

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%.

While BNPL platforms promise easy timely payments, they have substantial hidden risks for consumers, lenders and the overall ...

The study is titled "Buy Now Pay Later: Impact of Installment Payments on Customer Purchases" and is authored by Stijn Maesen ...

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.