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Merchants in Singapore offering ‘buy now, pay later’ plans see uplift in sales

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ST20240702_202421745585/kcbnpl/Luther Lau/Chor Khieng Yuit/
A close up shot of a customer using the BNPL ( Buy Now Pay Later) mode of payment that helps spectacle hut grow their sales. Taken on June 2 2024 at Bedook Mall.

"Buy now, pay later" plans allow consumers to split their purchases into three or four equal interest-free monthly instalments.

ST PHOTO: LUTHER LAU

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SINGAPORE – Merchants in Singapore offering “buy now, pay later” (BNPL) plans are seeing an increase in sales, boosted by providers’ promotions and marketing.

BNPL allows consumers to split their purchases into three or four equal interest-free monthly instalments.

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