Payments & Banking
Buy Now, Pay Later (BNPL)
A financing option that lets a payer split a purchase into installments, often interest-free, paid to the provider.
Buy now, pay later services (such as Klarna or Afterpay) let a member pay over time while the chapter receives the full amount up front; the provider takes a percentage fee and collects the installments from the member. BNPL gives members budget flexibility for larger dues bills without the chapter having to manage the installments itself.