“Buy now, pay later” has its pros and cons

Person holds smart phone to an e-reader with their credit card open on the phone.

Photo by CardMapr on Unsplash

The “buy now, pay later” method is becoming more and more common at large retailers, but small businesses are looking to cash in.

According to PYMNTS.com, 55% of local businesses use “buy now, pay later” online already, and 5% of that amount offer it as an in-store payment option for their customers..

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