Over the last couple of years, BNPL- characterized by a Point-of-Sale Micro loan that can be paid later in interest-free installment – has seen an explosive growth in its demand due to a combination of forced-digital (due to the pandemic) and a move away from brick & mortar stores. The packaging of BNPL makes it irresistible for the customer, with a combination of interest-free credit, zero-documentation and a seamless integration with their check-out process.