BNPL schemes are very reliable and helpful. The working of the BNPL service is straightforward. Before doing anything, you have to sign up with the company providing pay later services. Whenever you make a purchase, there’s an option to buy now and pay later at the checkout page. A user has to choose it. Then, the lender, i.e., the company you have signed up with pays for you at that moment, and you are just required to pay a small amount. A user can repay the remaining amount in a series of monthly, weekly, or bi-weekly instalments.