The Buy Now Pay Later Imperative for Credit Unions

• Nov 18, 2022
• By Cyndie Martini

In the past 31 months, consumer lending has undergone a series of radical changes. There have been shifts in expectations that consumers have in their lending providers, interacting in ways they never did before. Nowhere have those changes manifested themselves more than in the rise of Buy Now, Pay Later (BNPL) services. Like with other consumers, BNPL adoption is surging for credit union members. The category is expected to rise to more than 60 million users by the end of 2022. It is now one of the fastest growing payment methods, particularl...

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