BNPL: A Race to the Bottom

Is BNPL (Buy Now, Pay Later) a better way to pay as a credit card replacement or just another payment option? The number of U.S. BNPL users will have soared from 1.6 million in 2018 to 59.3 million in 2022 with dozens of copycat startup companies opening weekly. But watch out! When the big guns with deep pockets --Mastercard, American Express, Visa, PayPal, and Apple Pay – make a bigger move into the space in a major way, it will blow those startups out of the water. Join Robin Lewis and Shelley E. Kohan, TRR’s chief strategist, as they discuss the finer details of a popular credit program that has already led next-gens into debt and may be facing stricter regulations to protect all consumers.For more strategic insights and compelling content, visit TheRobinReport.com where you can read, watch, and listen to content from Robin Lewis and other industry experts.Be sure to follow us on LinkedIn and Twitter for the latest from Robin Lewis and The Robin Report.For more strategic insights and compelling content, visit TheRobinReport.com, where you can read, watch, and listen to content from Robin Lewis and other retail industry experts, and be sure to follow us on LinkedIn and Twitter.