SINGAPORE -- 'Buy now, pay later' (BNPL) payment platforms are proving a harder sell with consumers in Asia compared with other markets despite early investor excitement over the latest financial technology trend.
Adoption of BNPL, which offers short-term, usually interest-free credit to shoppers, has notably lagged other payment methods like mobile and digital wallets in the Asia-Pacific region, according to a study published this week by FIS, a U.S.-based financial technology software provider.
