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

These options are often provided by a third party (such as Affirm, Paypal, etc).

The business sells a product and is paid effectively immediately, and probably will capture a few extra customers who couldn’t afford an upfront payment.