Parents Split on What Makes Buy Now, Pay Later Options Attractive
By PYMNTS
AI summary of the source article
Monthly payment amount is the primary consideration for 34% of married parents using pay later services. Providers also compete on total cost and interest-free terms amid varying household preferences.
Key facts
- Pay later providers compete on monthly payment size, total cost and interest-free terms.
- Monthly payment amount is the leading consideration for 34% of married parents according to PYMNTS Intelligence.
Source excerpt · PYMNTS
Pay later providers competing on monthly payment size, total cost and interest-free terms face different definitions of an attractive offer — even among households with children. Monthly payment amount is the leading consideration for 34% of married parents, according to PYMNTS Intelligence’s “The Family Factor: Where Pay Later Providers Can Compete, an analysis of the […] The post Parents Split o…