Discover and read the best of Twitter Threads about #buynowpaylayer
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I’m super excited to share that we published new experimental research into #BuyNowPayLayer (#BNPL) understanding and behaviour today. The work is joint work with @owainservice and @CogCo_ for @CitizensAdvice. Find the report here - citizensadvice.org.uk/Global/Citizen…
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#BNPL has seen a massive growth worldwide over the last few years, spurred on by seamless tech and online shopping habits. Some policymakers are concerned that, despite the providers claims, #BNPL could be storing up debt problems for the future
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Despite this, little research has been conducted in this market (apart from @gk_ben recent paper) and even less on how we might improve consumer understanding of the potential risks. We fill this gap and give policymakers a sense of what interventions can achieve
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