Buy Now, Pay Later, or BNPL, is a payment plan that allows you to split your total purchase at checkout into a series of smaller installments.
While these plans aren’t new, they’ve recently catapulted themselves into the mainstream, with major U.S. retailers like Amazon, Walmart, and Target now carrying them. But with promises of convenience, zero interest, and minimal fees, many buyers are asking, “What’s the matter?” “
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