Study On Effects Of Buy Now Pay Later(Bnpl) On Students Spending Behaviour

Buy Now Pay Later (BNPL) services have rapidly changed the way people make purchases, especially among students and young adults.With the option to buy products instantly and pay later in small installments, students are increasingly attracted to this convenient payment method.This study explores how BNPL influences students' spending behaviour, financial decision-making, and repayment habits.It particularly examines whether deferred payment options encourage impulse buying and affect budgeting practices.The findings indicate that although BNPL offers flexibility and short-term financial relief, it may also lead to increased spending and reduced financial control if not used responsibly.The study emphasizes the need for financial awareness and responsible lending practices to ensure that students use BNPL services in a sustainable manner.