Why 'buy now, pay later' may threaten Big Banks

The consumer use of buy now pay later continues to grow. >> Many many consumers in all segments are using it. It's become pretty ubiquitous on online shopping at checkout and also is offered in many stores.>> Buy now payloader plans are changing consumer spending habits by allowing purchases to be split into short-term typically interesting installments offering an alternative to credit cards. >> Credit isn't new. Credit's been around for thousands of years and credit cards aren't new, but they've had a har ...