Bagging a bargain
Q What is a buy now, pay later (BNPL) service?
BNPL is a modern solution to cost of living pressures, and typically allows customers to buy goods or services without paying upfront fees or interest. BNPL services are considered as credit providers.
PETER GRAY
Q How do BNPL services work and are they safe?
They work in a similar fashion to layby, where you buy a product and pay for it in two or more instalments before taking it home. But with BNPL, instead of securing an item for later purchase, you receive your goods
