It just got a little easier for consumers to buy now, pay later (BNPL) for purchases they may have otherwise put off.
PayPal Holdings said starting this fall it will no longer charge late fees for missed payments on buy now, pay later products globally.
Starting October 1, new customer purchases with Pay in 4 in the United States, Pay in 3 in the United Kingdom, and Pay in 4X in France will no longer be subject to late fees – joining PayPal’s BNPL solutions in Germany and Australia which do not charge late fees for missed payments.
