BNPL (Buy Now, Pay Later) is exploding as a form of consumer finance all over the world, offering banks and finance houses in more and more countries an exciting new profit stream. BNPL works best when merchants sell goods on credit provided by a bank partner at no cost to the consumer who pays in a series of instalments.
BNPL has been around in physical form for many decades in countries like Israel, Turkey, Mexico and Brazil but its emergence in e-commerce format has set the world of retailing and consumer finance on fire as never before. In the process BNPL has become one of the most exciting fields in fintech. But it is not without risk.
So how does a bank unaccustomed to BNPL, whatever its size, go about building a new BNPL business?
This workshop will feature leading authorities in the BNPL sector, including: