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BNPL-driven spending in November grew 17% year-over-year to $8.3 billion, with a major boost from e-commerce sales to help boost the platforms that stores and sellers use for digital payments and shopping.
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There already has been a continuing shift away from traditional “store cards.” Buy now, pay later point-of-sale lending generated 42.5% more online spending on Cyber Monday this year than last year.
https://www.wsj.com/business/retail/digital-payments-are-having-a-jolly-holiday-7aaa55f7
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