💨 Abstract
consumers are projected to spend a record $18.5 billion using buy now, pay later (BNPL) services during the last quarter of 2024, driven by the COVID-19 pandemic and increased online shopping. BNPL providers like Affirm and Klarna offer installment plans for purchases, with most payments made on time.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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