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Tag: BNPL

Buy Now, Pay Later is here to stay. But should your business be ready?

Many consumers and merchants have embraced Buy Now, Pay Later (BNPL) solutions. For merchants, the opportunity to boost their basket sizes, increase total transaction volume, and access a broader demographic base has been a boon. Consumers view it as a way of purchasing big ticket items while avoiding the burden of high-interest credit card debt.…

December 16, 2021 by wcapra No comment(s) DIGITAL+, PAYMENTS+, RETAILSYSTEMS+ BNPL, buy now pay later, Payment Technology, Payments, payments industry, retail payments
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Why should merchants consider implementing a Buy Now, Pay Later (BNPL) solution?

BNPL can be viewed as an extension of the consumer credit card programs that emerged in the late 1980s, but with a unique upside for merchants. In contrast to credit cards, BNPL companies help expand the available consumer base, but they adopt the risk themselves by funding the purchase to the merchant immediately and allowing…

October 21, 2021 by wcapra No comment(s) DIGITAL+, PAYMENTS+, RETAILSYSTEMS+ BNPL, payment solutions, Payment Technology, Payments, Retail Technology
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221 North LaSalle Street Suite 1325 Chicago, IL 60601
1-312-873-3300
info@wcapra.com
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