The Evolution of Binopelator

Bobbi: Buy now pay later is used for the pay and for type of products, which is every two weeks you'll make four payments to pay off the purchase. Because of how it's set up, that tends to be for smaller dollar amounts. We like the term pay over time because our average loan is $4,000. It lasts over a year or two. And we're serving mainstream customers, whereas I think for the e-commerce, B and P.L. options, the clientele tends to be a younger demographic. The average for some of the providers is in the $100 to $200 range in the US.

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