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Future of BNPL for Businesses US Edition
Presently, the way consumers shop and purchase goods online are rapidly shifting and evolving. Also, with online shopping sales in the US growing 14.5% in 2021 alone, more people are shopping online than ever. Earlier, with cash payments unavailable while shopping online, you only had the option to pay with a debit or credit card to make purchases. In addition, buy now, pay later payments function similarly to short-term loans, nevertheless it offers consumers benefits such as softer credit checks and low to 0% interest rates. Also, they are also available directly within the eCommerce checkout flow, whereas loans are a different, more varied process. Most importantly, with all the growth witnessed within the buy now, pay later industry, one thing is sure that this industry will only grow further over the next few years. Moreover, that growth has alerted government agencies to help better regulate how BNPLs function and their lending practices which is currently in review by the US government.
Get to know a lot more about the same by attending the event! The best part is that the access is free. We would like to mention and thank our Gold Sponsor, Provenir for the 'Future of BNPL for Businesses US Edition' event.
About Gold Sponsor Provenir
Our Gold Sponsor, Provenir powers risk decisioning processes across identity, credit and fraud to help you get ahead and stay ahead of risk. They have designed their AI-Powered Decisioning Platform with key data, AI and decisioning capabilities to give you the flexibility to iterate, expand and scale on your timeline. They believe that technology shouldn't dictate your path forward, it should empower it.
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