45% of Consumers Used Credit Card Installment Plans In Past Year
The difference between installment plans and BNPL for many consumers is confusing so, when asked, they’re not always sure. A new PYMNTS Intelligence study of 2,572 U.S. consumers gets to the heart of the matter to examine how consumers use installment plans – merchant versus credit card – and BNPL. The results may surprise you. Read more in “Installment Plans Becoming a Key Part of Shopper’s Toolkit,” a collaboration with Splitit.