Even before the COVID-19 pandemic, the UK market saw a huge shift in consumer purchasing habits, from the boom in eCommerce, to increasing retailers and consumers opting for ‘buy now, pay later’ payment methods such as Klarna and ClearPay. The pandemic has resulted in the rapid acceleration and ultimately solidification of the domination of online retailing not only in UK markets, but worldwide, with alternative and online payment solutions becoming preferred methods. The...
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