Walmart adopts “Buy Now, Pay Later”; BNPL hit an all-time high on Cyber Monday up +42.5% YoY; Record year projected, amid high credit card debt and declining savings.

Consumers are opting for BNPL services despite potential financial risks.
This is how you delay a banking collapse by continually extending credit.

Yes, and these BNPL offerings are also happening as the personal savings rate has been in a downtrend since May.t.co/iytYsrl5X1

— David Sommers (@dgsommersmkts) December 20, 2023