Record Buy Now Pay Later Sales Expected Cyber Monday on Mobile Devices

• Thanksgiving online spending hit $6.1 billion, driven in part by mobile device purchases.
• More shoppers are using buy now, pay later, with $993 million in sales using the method expected Cyber Monday.
• About 80% of those purchases were made on a phone.

This year, more shoppers than ever are using buy now, pay later options that let buyers pay for purchases in installments — and more often