Top 5 Fraud and Security Steps for Buy Now Pay Later Platforms

The meteoric rise in Buy Now Pay Later platforms — estimated to become a $200 billion industry by 2024 — has unfortunately also attracted the attention of fraudsters and cyberattackers. Many BNPL providers may be surprised at the level and severity of attacks targeting their platforms.

It may seem difficult to keep on top of the fight against fraud in a way that is sustainable, but there is a surefire way to achieve long-term deterrence against these attacks. 

In Top 5 Fraud and Security Steps for Buy Now Pay Later Platforms, you’ll discover:

  • The 4 biggest threats to BNPL platforms
  • 5 necessary steps to effectively ward off attackers
  • The key to fighting fraud while maintaining a great UX

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Solution Brief

Buy Now Pay Later Fraud

Buy Now Pay Later (BNPL) services are becoming incredibly popular with consumers, becoming a $100 billion industry in 2021. Consumers have adopted these services due to their seamless digital experience and instant decisioning. But of course, where there is money, fraudsters will follow.

Download this paper to learn

  • How fraudsters attack BNPL platforms
  • Where the weak points are that attackers exploit
  • How to eliminate fraud without ruining the user experience