Is Buy Now, Pay Later A Fraudster’s New Best Friend?
Business trends are constantly emerging and evolving. Starting in 2020, we all witnessed a categorical shift from in-store to ecommerce due to the Covid pandemic. Next, we saw crypto becoming more accessible via familiar channels, the most notable of which being PayPal. This was followed by crypto for payment with merchants, followed by NFTs exploding onto the scene. Now we are seeing loads of data relevant to buy now, pay later (BNPL). New service providers are offering it as their primary function, and merchants are excited to add another payment method to their array of options. Here are some key things everyone should know about BNPL …