Buy Now, Pay Later (BNPL) fintechs in the United States raked in a whopping USD 88 billion GMV in 2020, spurring traditional banks to expand their activities to include point-of-sale consumer loans in an attempt to reclaim revenues eaten up by a handful of Silicon Valley unicorns. As a result, the question of how long fintechs will dominate the BNPL industry has become a hot topic amongst investors.

Yaacov Martin, Co-Founder and CEO at Jifiti, explains how banks can help merchants reduce BNPL costs and the benefits they can offer. Continue reading at The Paypers.