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Record amount of buy now, pay later purchases expected on Cyber Monday, with many coming from shoppers' phones

By Business Insider   |   1 year ago
Record amount of buy now, pay later purchases expected on Cyber Monday, with many coming from shoppers' phones

This holiday season, more shoppers are opting for buy now, pay later options, with $993 million in sales expected on Cyber Monday. This payment method is gaining popularity, especially on mobile devices, accounting for $6.9 billion in holiday spending so far.

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