What is BNPL and Why is it so Important?

What is BNPL and Why is it so Important?

BNPL has been a very hot topic over the past few years.? The emergence and explosive growth of Pay in 3, Pay in 4 and other variations has become a “must have'' option for consumers and merchants alike.? The current economic downturn is only serving to increase the popularity of these programs.

But BNPL is so much more than this than just Pay in X.? Buy Now Pay Later is also for big ticket purchases.? It allows me to purchase a new mattress and pay no interest for 12 months.? I can replace my HVAC system and pay a low fixed APR for 60 months or even longer.? It allows me to purchase 10 new laptops for my business and defer my payment for 30 days or receive extended financing terms.

ChargeAfter provides a platform that connects consumers, merchants and lenders at the point of sale. A single integration with ChargeAfter provides merchants with access to a full spectrum of global BNPL providers. We offer the same benefit for our B2C and B2B lending partners. A single ChargeAfter integration provides access to the biggest and best know retailers in every category around the world.?

Contact us today to learn more. #bnpl #chargeafter #posfinance

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