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How to explain buy now, pay later to your customers

The buy now, pay later market has exploded in recent years, with consumers clamouring to pay for their products in regular, manageable chunks. In the past, people used lay-by to make larger purchases responsibly. Now, BNPL products enable your customers to still pay in instalments, but instead of having to wait for the product they receive the product or service now and then pay later in slices. And as more retailers come aboard, it’s important that they understand the responsibility that thes