For only four easy payments, you can listen to this story on buy now, pay later!

Klarna, PayBright and Sezzle aren't just nonsense words, they're payments!

Image | Online shopping 534050776

Caption: This stock model isn't using buy now pay later, they're using a regular credit card. (Kite_rin/Shutterstock)

Audio | Cost of Living : For only four easy payments, you can listen to this story on buy now, pay later!

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The term "BNPL" is showing up more and more when it comes to online shopping.
  • The Cost of Living ❤s money — how it makes (or breaks) us.
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Buy now, pay later. It's an old concept and a simple sentence, but it's driving financial tech startups to get into the world of offering credit and installment payments.
Producer Anis Heydari looks at whether the trend in "reverse layaway" is a new way to pay for whatever your heart desires, or the same ol' credit card routine.

Listen to the segment above — or download(external link) and subscribe(external link) to the Cost of Living podcast.