WHAT TO KNOW BEFORE YOUR BUSINESS ADDS BUY NOW, PAY LATER
“Buy now, pay later”is becoming common at large retailers like Target, Ikea and Macy’s. More and more small-business owners are allowing their customers the ability to pay in installments, too.
In fact, 55% of local businesses use buy now, pay later online and 5% offer it as an in-store payment option, according to a February survey from payments news site PYMNTS.com.
If you’re thinking about offering buy now, pay later at your small business, here’s what you need to know.
