"Buy Now, Pay Later" Gaining Traction in Travel
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Jim Corridore Jim Corridore
"Buy Now, Pay Later" Gaining Traction in Travel
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One of the major consumer finance trends of 2022 has to be the rise of "Buy Now, Pay Later" where consumers can buy an item and not have to pay for it until a later date. This differs from traditional credit cards financing in that there is generally no application process and is typically free to the consumer, with the financier taking a cut of the sale to make their money instead. This trend has recently been rising among U.S. airlines as well.

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