Buy Now, Pay Never: A New Concept in PayFi Financing

The concept of buying now and paying later has been a successful approach in both DeFi and traditional finance. Now, Enter Buy Now, Pay Never – a new development in the world of PayFi (which itself represents a fresh concept within DeFi) that allows users to purchase goods using rewards earned through various PayFi platforms. This innovative concept mirrors cashback programs offered on credit cards but utilizes cryptocurrency rewards instead. In this article, we delve into the depths of Buy Now, Pay Never, exploring its use cases, potential advantages and disadvantages, and addressing common inquiries.