Shoppers gearing up for the 2023 holiday season won’t have to look hard for a convenient way to pay for all those presents.
“ Buy now, pay later,” a type of payment plan that divides the total cost of your purchase into smaller installments, is offered at most major retailers, including Walmart, Target and Amazon. It’s expected to fuel $17 billion in online holiday spending this year – up almost 17% from 2022 – according to forecast data from Adobe Analytics, an analytics and measurement tool from software company Adobe.
