BNPL
What Is Buy Now Pay Later and How Do UK Banks View It?
BNPL: Credit Without the Credit Check? Buy Now Pay Later (BNPL) services — Klarna, Clearpay, Laybuy, and others — allow consumers to spread the cost of purchases across several instalments, often with no interest and (historically) no credit check. They've grown explosively in UK retail, particularly among younger consumers. How