BNPL Borrowing: Confessions of a Credit Card Manager
- Date:January 28, 2021
- Author(s):
- Brian Riley
- Research Topic(s):
- Credit
- PAID CONTENT
Overview
Credit card issuers must do more than observe Buy Now Pay Later lenders; they need to decompose the process and shift the playing field back to banking.
BNPL lenders center their focus on merchants and the checkout process; they do not consider the spectrum of household lending. They succeed at the point of sale.
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