Quick meaning
A payment option allowing you to receive goods immediately but pay in instalments over time.
Think of it like this
Like a layaway plan in reverse — you get the item first and pay gradually.
Where you may see this
You may see this in banking apps, checkout screens, delivery updates, and digital payment instructions.
Why it matters
Knowing the term helps you pay safely, understand what a screen is asking for, and avoid costly mistakes.
Say it simply
Buy Now Pay Later (BNPL) means: A payment option allowing you to receive goods immediately but pay in instalments over time.