Federal Reserve Bank of Richmond: "Buy Now, Pay Later: Market Impact and Policy Considerations"
January 18, 2025
January 18, 2025
RICHMOND, Virginia, Jan. 18 (TNSres) -- The Federal Reserve Bank of Richmond issued the following economic brief (No. 25-03) in January 2025 by Zhu Wang entitled "Buy Now, Pay Later: Market Impact and Policy Considerations".
Here are excerpts:
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"Buy now, pay later" (BNPL) programs have become a popular form of consumer payment. It is a type of short-term financing that allows consumers to make purchases and pay for them in installme . . .
Here are excerpts:
* * *
"Buy now, pay later" (BNPL) programs have become a popular form of consumer payment. It is a type of short-term financing that allows consumers to make purchases and pay for them in installme . . .