Now Pay Later Credit Shopping — Buy

: BNPL often requires minimal or no credit checks, providing credit access to low-income or young consumers who may not qualify for traditional financing.

: Seamless integration at checkout reduces purchase friction, appealing particularly to younger demographics (Generations Y and Z). buy now pay later credit shopping

: BNPL accounted for roughly $97 billion in global e-commerce in 2020 and was forecasted to reach $1 trillion globally by 2025. 2. Impacts on Consumer Behavior : BNPL often requires minimal or no credit

: Presenting "installment prices" (e.g., 4 payments of $25) rather than the total cost lowers the perception of expensiveness, significantly increasing spending. significantly increasing spending.