Buy Now Pay Later (BNPL) firms have become a staple payment option for cash-strapped Brits looking for ways to help them buy what they need during the ongoing cost-of-living crisis. It's therefore no surprise that 2 in 3 (64%) have used BNPL to make a purchase at some point. Until now, BNPL options have offered consumers a quick and easy way to access credit, helping them spread the cost of larger purchases, manage cashflow and avoid interest payments.