Regulations, Consolidation at Hand as Buy Now Pay Later Continues to Gain Steam Among Consumers
The Fashion Law
AUGUST 3, 2021
Such burgeoning attention to BNPL makes sense given that American consumers, alone, spent an estimated $20 billion to $25 billion in 2020 by way of deferred payments , such as those offered by Afterpay, as well as its competitors Klarna and Affirm, according to a March report by analytics firm CB Insights. Enter: Regulators. .”
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