This playbook explores why retailers should consider BNPL as an alternative payment method. The rise of buy now pay later (BNPL) services is disrupting traditional consumer credit markets, particularly the use of credit cards. These alternative payment methods offer consumers flexible payment options, like pay later, pay in parts, or financing, with little to no interest if the payments are made on time. 

For consumers, BNPL provides a fair, sustainable solution to growing credit card debt. In fact, 96% of Klarna’s BNPL purchases are made on time or early. That compares to 41% of American credit card users who are revolving month-to-month. For retailers, the BNPL model functions as a seamless and efficient payment method that enhances the shopping experience. It also offers a way to drive sales and meet consumer demand for flexible payment options. Dive into this playbook to explore: 

• The differences between BNPL and traditional credit 
• The benefits BNPL provides retailers 
• BNPL’s role in the future of payments 
• How to know whether BNPL is right for your business