BNPL Fraud — When "Buy Now, Pay Later" Backfires
FICO
JUNE 14, 2021
In this post, I’ll provide a quick overview of how BNPL works, and share my thoughts on how BNPL fraud can occur and where the financial liability lays. . of North American e-commerce payments by 2024, up from 1.6% A BNPL Primer. BNPL saw significant growth in the U.S. during the pandemic. customers more than double to 6.5 In the U.S.,
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