The Rise of Buy Now, Pay Later: Bank and Payment Network Perspectives and Regulatory Considerations

Julian Alcazar and Terri Bradford

Payments System Research Briefing, 2021, issue December 1, 2021, 6

Abstract: Buy now, pay later (BNPL) products offered by fintechs have gained traction among consumers and merchants in recent years and could compete with credit cards as a payment option. We explore the reactions of banks and payment networks to BNPL products as well as the current regulatory environment.

Keywords: Buy Now Pay Later (BNPL); Payments; Credit cards (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (2)

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