Card Installment Use Jumps 13 Percentage Points as BNPL Holds Steady
Credit card installment plans are turning the biggest promise of buy now, pay later (BNPL) into an advantage for the card industry. A PYMNTS Intelligence report, “The Pay Later Data Shift: Credit Card Installments Take the Lead,” finds consumers used card installment plans at more than twice the rate of BNPL in March 2
Credit card installment plans are turning the biggest promise of buy now, pay later (BNPL) into an advantage for the card industry. A PYMNTS Intelligence report, “The Pay Later Data Shift: Credit Card Installments Take the Lead,” finds consumers used card installment plans at more than twice the rate of BNPL in March 2
This story was curated by Paysonas from PYMNTS.com as part of our daily payment-industry briefing. Read the original article for full details.