Power of Payments Ep. 14: JPMorgan vs Stripe and Block, CFPB is coming for BNPL, and LTO vs BNPL
Tearsheet Podcast: Exploring Financial Services Together
BNPL's Recent Struggles
The CFPB development could be a major blow for the BNPL sector. 32% of consumers skip out on paying rent, utilities or child support to make their BNPL payments. LTO is another installment payment option that has been gaining popularity in recent months. Some are even referring to it as BNPL's recession-proof cousin.
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