Businessmen holding a smartphone with icons of BNPL with online shopping icons technology Source: Adobe Stock

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.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.