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Barbie toys and robot vacuums are popular this holiday shopping season, and so are buy now, pay later services.
Shoppers used buy now, pay later services for a record amount of purchases on Cyber Monday, spending $940 million online, according to Adobe Analytics ADBE. BNPL usage was up 42.5% compared to last year. Consumers also purchased more items per buy-now-pay-later transaction this Cyber Monday, with the number per order rising 11% compared with a year ago.
While…
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