Splitit - Buy Now, Pay Later: Unlocking The True Potential Of BNPL For Services - October 2022 - Discover how consumers leverage BNPL to pay for services such as education and healthcare

Unlocking The True Potential Of BNPL For Services

Education and Healthcare Seen Driving Next Round of BNPL Growth

With 42% of consumers poised to use BNPL for medicine and prescriptions and another 38% for education, Heidi Hillis from Fortuna Admissions tells PYMNTS how installment plans can reduce costs and discounting while also maintaining value for students. Read more in this month’s “Buy Now, Pay Later Tracker®,” a collaboration with Splitit.

Inside the October Tracker

  • PYMNTS interviews Heidi Hillis, education coach at Fortuna Admissions, on how the company reduced administrative costs and discounts by using BNPL.
  • BNPL for dental services expands affordability, and one in three consumers is leveraging BNPL for back-to-school shopping.
  • Education and healthcare are primed to be the next frontiers for BNPL services.

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