US holiday spending on buy now, pay later to hit record due to debt-laden shoppers


U.S. shoppers are expected to spend a record $18.5 billion using third-party buy now, pay later (BNPL) services for holiday purchases in the last quarter of the year, according to projections by data firm Adobe Analytics released on Wednesday.

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US holiday spending on buy now, pay later to hit record due to debt-laden shoppers

 

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