Buy Now, Pay Later (BNPL) Essentials

Buy Now, Pay Later (BNPL) is growing rapidly across global markets, with no signs of slowing down. Learning the basics of these unique financing agreements is an important component of understanding the current, and future, global payments landscape.

Course participants will learn the fundamentals of how this installment payment method works from both the consumer and merchant perspective. By the end of the course, students will grasp every step of the contract process, from initial approval to completion, as well as relevant market trends, current and expected growth, risks for both consumers and merchants, the current and future state of regulation, consumer behavior, best implementation practices, and more.

This course was developed by the MRC and peer-reviewed by the MRC Education Committee. Graduates of this course will earn 1.4 CPE credits.

Upon completion, graduates from the Buy Now, Pay Later (BNPL) Essentials course will be able to:

  1. Define BNPL
  2. Identify BNPL target audience
  3. Recognize the BNPL customer journey
  4. Identify the potential risk of BNPL for merchants and consumers
  5. Recognize the current and future regulatory landscape
  6. List best practices for implementing BNPL

Buy Now, Pay Later Essentials course is priced at: US$75 for MRC members (plus applicable taxes). Non-members may take the course at the non-member price of US$150 (plus applicable taxes).

As new markets continue to adopt this popular financing arrangement, it’s going to be increasingly important to understand the fundamentals.

Sign up for Buy Now, Pay Later Essentials today.

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RAPID Edu Accreditation

The Merchant Risk Council is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

National Association of State Boards of Accountancy Inc. (NASBA) -- National Registry of CPE Sponsors

RAPID Edu Refund Policy

For the Rapid EDU program self-study courses, refunds and cancellations are determined on a case-by-case basis. Cancellations and requests for refunds must be communicated in writing to Refunds will not be issued once a course has been started. Additionally, courses must be completed within one year of the course enrollment date.