What is BNPL

What is BNPL (Buy Now, Pay Later)?

One of the popular kinds of short-term financing is the BNPL (Buy Now, Pay Later) financing. It makes users eligible to repay the loan after having purchased an asset within a stipulated period of time. The payment usually comes with no interest. Also known as, Point of Sale (POS) finances or installments, it is equitably …

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