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How buy now, pay later benefits merchants

July 1, 2024

With more businesses thinking about adding buy now, pay later to their suite of payment options, payments company Stripe decided to look into the issue.

In order to gauge the impact of BNPL, Stripe looked at 150,000 payment sessions and analyzed the data on those involving buy now, pay later, concluding the option leads to more purchases with bigger dollar values.

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