During the holiday season, "Buy Now, Pay Later" services are increasingly popular, accounting for a significant portion of consumer transactions. Spending on these services during the holiday shopping period is expected to reach $20.2 billion, an 11% increase from last year. By 2025, annual spending on BNPL services is projected to hit $116.7 billion, more than seven times higher than in 2020. PayPal reports that half of holiday shoppers are likely to use BNPL services if given the option. Offering BNPL can lead to higher average order values for businesses. However, concerns are growing about the impact of these services on consumer finances and the need for increased regulatory scrutiny. The article highlights how BNPL services are becoming more mainstream in online retail but warns about the potential risks associated with using them for everyday purchases.