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

If you charge no interest, functionally it’s no different than putting your products on sale: you will make less money (because of delay/inflation/default) but have more sales.

With interest, it’s just moving more things earlier, at the risk of buyer default, but those probably cancel out if you do your projections right.