CU Tech Hub

How Does Your Credit Union Stack Up to Growing BNPL Competition?

Consider providing a direct BNPL solution built with your members' financial health in mind.

By Bryce Deeney | August 15, 2022 at 09:00 AM

Businessmen holding a smartphone with icons of BNPL with online shopping icons technology

The competition for providing buy now, pay later (BNPL) services is growing. From fintech to retailers to large tech companies, every player along the purchase-to-payment shopping journey is looking to become the go-to payment option by providing the most preferred payment solutions. In other words, BNPL's popularity is being leveraged as a customer acquisition tool to not-so-slowly attract cardholders away from their trusted financial institution.

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