Buy Now, Pay Later — what’s your place in the consumer financing revolution?

Buy Now, Pay Later (BNPL) services are making headlines this year. Fintechs, big tech and merchants are forming new alliances to produce attractive financing options that are surging in popularity. How are these different from instalment plans? How will this affect credit card companies and international payment schemes? Can you be sure that this is more than a fad?

OpenWay, a global leader in digital payments software, has long worked with issuers, acquirers, and digital wallet companies to increase their revenue via customer-facing credit products and consumer finance solutions. Now we look beyond the hype to give you a comprehensive guide to the BNPL multiverse.

Read our report to learn:

• How stars and newcomers to the global BNPL market are making money

• What business strategies and technologies can help companies become the next Klarna

• Whether BNPL is really a threat to credit cards and why major payment schemes are rethinking their strategy

• How BNPL is creating new partnerships between fintechs, retailers, processors and merchants, and why these work

Contents

1. Common misconceptions about BNPL

2. A guide to the BNPL multiverse

   • Stand-alone stars: fintechs, neobanks, large retailers, payment processors

   • BNPL partnerships

3. Business strategies and technologies behind a good BNPL solution

   • Create a super lifestyle app

   • Be extremely flexible

   • Keep convenience high in the customer experience

4. OpenWay is your trusted partner in the BNPL multiverse

BNPL Report 2021 is released by OpenWay, the global leader in digital payments software.