Why more Americans are turning to Buy Now, Pay Later payment plans, in 4 charts
Buy now, Pay Later services had their best day yet on Cyber Monday, with consumers spending a record-breaking $991.2 million, according to Adobe Analytics. With holiday shopping now in full swing, US consumers are making more purchases using these services, which are known in the industry as BNPL. So far in 2024, BNPL spending in…