IMPACT OF BNPL(BUY NOW, PAY LATER) ON CONSUMER SPENDING HABITS

Consumer financing has been transformed by Buy Now, Pay Later (BNPL), which enables customers to make purchases immediately and postpone payments over time. The impact of BNPL on consumer spending patterns, financial behaviour, and economic ramifications are the main topics of this study. Using primary data from 364 respondents and I-square analysis and hypothesis testing, the study seeks to determine whether BNPL causes financial mismanagement and higher spending. The results show how BNPL can boost purchasing power and propel e-commerce growth, but they also raise worries about growing debt levels and gaps in financial awareness.