Buy now, pay later options grow in popularity

DSW, Macy's, Neiman Marcus, Sephora and Walmart are among retailers that now allow customers to order products online and then pay for them over time. Growth in these types of purchases/payments has grown 200 percent since the novel coronavirus pandemic hit the U.S. about a year ago. Popularity of these programs has been given a boost as more consumers go online to shop and younger ones, in particular, remain distrustful of credit cards.