Buy Now, Pay Later (BNPL) is growing rapidly across global markets, with no signs of slowing down. Learning the basics of these unique financing agreements is an important component of understanding the current, and future, global payments landscape.
Course participants will learn the fundamentals of how this installment payment method works from both the consumer and merchant perspective. By the end of the course, students will grasp every step of the contract process, from initial approval to completion, as well as relevant market trends, current and expected growth, risks for both consumers and merchants, the current and future state of regulation, consumer behavior, best implementation practices, and more.
This course was developed by the MRC and peer-reviewed by the MRC Education Committee. Graduates of this course will earn 1.4 CPE credits.
Upon completion, graduates from the Buy Now, Pay Later (BNPL) Essentials course will be able to:
- Define BNPL
- Identify BNPL target audience
- Recognize the BNPL customer journey
- Identify the potential risk of BNPL for merchants and consumers
- Recognize the current and future regulatory landscape
- List best practices for implementing BNPL
Buy Now, Pay Later Essentials course is priced at US$75 for MRC members (plus applicable taxes). Non-members may take the course at the non-member price of US$150 (plus applicable taxes).
As new markets continue to adopt this popular financing arrangement, it’s going to be increasingly important to understand the fundamentals.
Sign up for Buy Now, Pay Later Essentials today.
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