BNPL is short-term financing that allows immediate purchases with no interest. Consumers make upfront payment and pay off remaining amount in installments. Available through retailers and third-party apps
BNPL divides purchases into multiple equal payments with first due at checkout. Most plans don't charge interest, but some may have fees. Available online and through mobile apps for in-store shopping
Klarna offers buy now, pay later financing for purchases. Founded in 2005, serves over 205,000 merchants in 17 countries. Minimum purchase amount is $10 in the US
Installment payments allow customers to spread purchase costs over multiple payments. Market valued at $90 billion in 2020, expected to reach $4 trillion by decade's end. 45 million US consumers use installments for purchases
Furniture must be fixed to wall with appropriate fixing devices. Minimum ceiling heights: 202-237 cm for hinged doors, 205-240 cm for sliding doors. Assembly requires two people