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Planet Money

Pay Later - The New Form of Payment

2min Snip

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Bano pay later helps retailers with the problem they call cart abandonment, which will be familiar to almost anyone who's shopped on line. The lower price fag can leave people to buy more than it would have otherwise. Binow paylead was no longer this niche thing, mostly targeting young people. It was the new form of payment for all kinds of purchases.

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