Buy now, pay later (BNPL) lets a customer purchase now and pay later or in instalments. It is not a discount: the obligation to pay remains. Terms, interest and late-payment charges can vary by arrangement.[1]
A merchant should compare checkout effects alongside contractual costs and risk allocation. Establish how cancellations and partial returns adjust outstanding payments. Deferred customer payment does not itself determine when the merchant receives funds or who bears an unpaid balance. Those are separate questions about the actual arrangement.
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Compiled with AI assistance using public sources. General explanation, not individual legal or tax advice. Describing a concept does not mean Zoloo offers it as a feature.