How Does Buy Now, Pay Later Model Boosting E-commerce Potential in Emerging Markets

As the e-commerce sector continues to grow in leaps and bounds, so does the potential for emerging markets online to get a piece of the pie. And while many factors contribute to this potential, one that stands out is the “buy now, pay later” (BNPL) model. What is the BNPL Model? Under the BNPL model, consumers can make online purchases and then pay for them later, either in installments or in one lump sum. In contrast, traditional e-commerce requires consumers to pay beforehand. There are several BNPL providers out there, each with its unique offerings. However, the two popular best buy now pay later sites in the space are Afterpay and Klarna. https://community.wongcw.com/blogs/257693/How-to-Find-Products-to-Sell-on-Amazon https://timenewsweb.art.blog/2022/12/04/ways-to-find-suppliers-for-your-amazon-fba-business/ Why is the BNPL Model So Popular? There are several reasons why the BNPL model has taken off in recent years. Firstly, it provides consum...