Back to glossary

Buy now, pay later (BNPL)

Buy now, pay later is used to describe a transaction where the buyer can make an agreement to purchase an item and pay for it later. It’s like a short term loan, but the financing is typically handled by the seller or their bank. BNPL has taken off online recently to target Gen Z users. 

No credit checks or founder guarantee, with 10-20x higher limits.
This is some text inside of a div block.
Oops! Something went wrong while submitting the form.