How do buy now pay later options help the business at all?

Question

I mean cmon, you’re literally delaying payment for a long time. How does that benefit any business?

In: 29

Answer 1

Hypothetically, let’s say 5 out of 10 people will hand over cash or credit card, and 6 out 10 are willing to buy now pay later, by offering the option, the business just increased their sales by 20%, hypothetically speaking.