3 Ways Issuers Can Benefit From The Buy Now, Pay Later Surge
The buy now, pay later (BNPL) market is estimated to grow by ten to 15 times its current size by 2025, according to Bank of America analysts. BNPL has surged in popularity because the whole value chain benefits. Customers get repayment flexibility traditional card solutions lack. Merchants use these payment innovations to turns browsers into buyers and increase transaction amounts whether customers use digital payments or buy at a physical point of sale.
BNPL providers rack up fees and commissions.
There’s no reason not to bank on this trend. Claim this FIS executive brief to learn what’s driving BNPL use, along with three ways you can reimagine your card payments offering to benefit from its popularity.
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