[…] In the short term, PayPal stands to gain mightily from the growing buy now, pay later (BNPL) trend. The payment option lets users split expensive product costs into multiple smaller payments over a period of weeks or months. BNPL effectively acts as a very short-term loan, including interest, and holiday shoppers are hot on deferring costs for later. Some companies, like Affirm (NASDAQ:AFRM) built their entire operational model on the concept. However, PayPal remains the undisputed leader of BNPL. […]