‘Buy now, pay later’ goes from niche to normal as young people use it for daily essentials

‘Buy Now, Pay Later’ (BNPL) is indeed becoming more popular among young people today as a go-to payment method for everyday essentials. Yet it’s important to understand the pros and cons of this option.

The main advantage of BNPL is the ability to spread payments, making it easier at the point of purchase to afford items. It can be especially beneficial for large, unexpected expenses and can help manage cash flow more effectively.

However, there are potential drawbacks to keep in mind. While