Nab Introduces Nab Now Pay Later As It Enters The Bnpl Market
NAB boasts that unlike other BNPL products, NAB Now Pay Later charges no late fees, interest, and account fees. Customers will be able to access up to AU$1,000, split purchases in four payments, and use it anywhere Visa is accepted. Speaking to ZDNet, NAB personal banking executive CIO Ana Cammaroto explained the introduction of the bank’s version of a BNPL product was based on customer demand. “We’ve been continuing to watch the market and despite some of the conversations that you see happening [about BNPL], our customers are voting with their experiences and clicks....