What is Buy Now Pay Later?
What does 'Buy Now Pay Later' mean?
A checkout option that lets a shopper split a purchase into instalments or defer payment, with a third-party provider paying the merchant up front and collecting from the customer afterwards. The merchant takes a fee and generally carries no credit risk, since the provider underwrites the buyer at the point of sale. It is offered mainly to lift conversion and average order value on higher-priced items.
List of software with Buy Now Pay Later functionality
About the reviewer
Rajat Gupta is the founder of Spotsaas. Over the past two years, he has reviewed 2,000+ tools across CRM, HR, AI, and finance — applying hands-on product research and a background in commerce and the CFA program to evaluate software through a business and ROI lens. His goal: help teams make software decisions they won't regret.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].