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The Days of Using ‘Buy Now, Pay Later’ for a $10 T-Shirt May Be Numbered

The BNPL industry is being put to the test by inflation and rising interest rates, but maybe the biggest question is whether it can ever work as a standalone business funding hordes of low-value purchases.
Klarna's app. Courtesy.
Klarna's valuation was slashed as the outlook for "buy now, pay later" firms dimmed. (Courtesy)

The “buy now, pay later” later industry is falling back to earth.

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