Over the past ten years, there has been a significant change in how people pay. Once transforming consumer-business interactions, credit cards are now being replaced by contactless transactions, digital wallets, and mobile payments. Gratuities make up a significant portion of employee pay in many service-based industries, so this shift has...
Should Your Business Offer Buy Now, Pay Later (BNPL)? Risks and Rewards
Today’s shoppers want flexibility and Buy Now, Pay Later is emerging as their preferred way to pay. Rather than paying the sticker price up front, customers can divide their purchase into a few, smaller, interest-free installments, that makes expensive products feel more affordable and attainable. BNPL which was long offered...