Klarna or PayPal – who’s in poll position to win the fight for BNPL market share?
Industry News | 16/11/20
If the financial services industry is spinning on its axis right now, the ‘Buy Now Pay Later’ (BNPL) model is fast emerging as a major disruptive force. This lucrative concept has gained traction in line with rapid digitalisation, as behavioural shifts among young consumers drive one of the hottest trends in new-gen cardless payments.
The big question now is whether Klarna can withstand PayPal’s ambition to be the heavyweight champion in the win-all arena of BNPL.
Source: Global Banking and Finance
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