BNPL Travel Booms
Travel paid for layaway-style is booming. Increasingly travel companies are offering flights, cruises and vacation packages that consumers can buy now and pay for over time.
Buy-now pay-later can be a great option for consumers with pent-up desire to travel now that pandemic restrictions are easing. Some deals offer zero percent financing to qualified buyers—others have interest rates as high as 30%. Paying close attention to terms before signing up is the smart way for travelers to shop for long-awaited getaways.