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Podcast: Banking Transformed with Jim Marous
Episode: Buy Now, Pay Later: A Digital Solution to an Age Old Problem
Description: With consumers strapped for cash during these turbulent times, traditional and non-traditional financial firms are expanding financing options to support consumer and merchant needs.One of the newest solutions modernizes the old-school layaway or retail installment loan offering for the digital world. The Buy Now, Pay Later (BNPL) concept allows consumers to take possession of merchandise before theyβve paid in full, with access at the point of sale.We are joined on the Banking Transformed podcast by Greg Lisiewski, VP, Global Pay Later Products at PayPal. He discusses th...