Buy Now, Pay Later: A Revolution in Consumer Finance
In the swiftly evolving landscape of consumer finance, the rise of Buy Now, Pay Later (BNPL) apps marks a significant shift. Offering a modern twist on a centuries-old credit model, these platforms enable consumers to defer payments, making purchases more manageable. This seismic shift, fuelled by technology and changing consumer preferences, has implications for retailers, financial institutions, and the broader economy.
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