60-second Retail
60-second Retail
BDO USA
BNPL: A Debt Timebomb in the Making?
5 minutes Posted Mar 8, 2023 at 4:03 pm.
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BNPL is great for consumers and has taken off in recent years, but is it viable for retailers? What economic factors and risks need to be taken into consideration when determining whether to offer it as a payment option? In this episode we examine why BNPL has become so popular with consumers, and discuss the growing risks retailers are taking on in today's economy in order to spur big ticket item sales.