What is buy now, pay later? In a recent video chat, Kiran Pookote, Director of Payment Strategy and M&A at Discover® Global Network, and John Jakobe of the Strawhecker Group, answer that question and explore the key aspects of the growing buy now, pay later (BNPL) trend. During this conversation, they discuss the popularity of BNPL—particularly with younger and budget-conscious consumers. They also outline the benefits of BNPL for merchants, detail BNPL adoption rates around the world, and reveal potential challenges that could impact BNPL acceptance going forward.
The information provided herein is sponsored by Discover® Global Network. It is intended for informational purposes, and is not intended as a substitute for professional advice.