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Buy Now, Pay Later Continues Hot Streak As Splitit Merchant Sales Jump 260%

With pent-up demand, speed to market has never been more important. But port congestion, tariff impacts, the Uyghur crackdown and Covid uncertainty is making it difficult to restock the racks. Join Sourcing Journal on July 8 at 2 pm ET to learn how to sidestep the worst of the logistics roadblocks.

While retail has seen its fair share of difficulties since the start of the COVID-19 pandemic, installment payments technologies have reaped the benefits of the continued consumer shift to online and a tendency to avoid high credit card spending. Splitit, which enables customers to pay for purchases with an existing debit or credit card by…

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