Why should you be looking at working at BNPL companies?

High street stores and buying online giants alike are increasingly looking to attract customers with the offer of 'buy now, pay later schemes.



In other words, agree to buy something now and we'll let you put it on a payment plan. Sounds great, doesn't it?

You get that new pair of shoes or that book or video game and don't have to pay for it right away! What could possibly go wrong?! As we're going to discover in this article: plenty.



Working at BNPL companies is becoming one of the most popular ways for young people starting their careers in sales and customer service roles (especially within finance) to gain experience in order to start climbing the career ladder.


Why BNPL could be the future of your career



The way that people shop is changing, especially for young people who are used to being able to buy things online without having to input any details now or card details now and pay later. It's all too easy now to spend money on a whim without taking into account well... anything really.

Who needs long-term goals when you can have short-term gains?! Although this may not necessarily be the case for everyone it does seem that more and more people today are living in an overspend culture.

Working at BNPL companies means that you will quickly learn what traits turn away customers (and keep them turning away) as well as learn about the psychology of shopping and how to use it to your advantage.

Working on a BNPL team will help you grow in your customer service skills as well as teach you invaluable lessons in empathy, tact and discretion - something that can be learned nowhere else quite like working for a BNPL company.



Some other amazing reasons we have discovered being a player in the recruitment space for these organisations are:


  • They don't think that previous experience is important.
  • Graduates are encouraged to apply, be part of the start-up phase 
  • Employees under the age of 30 share their success stories frequently
  • Forever growing market with new tech and ideas - Always learning
  • Roles that were just created may be personalised and have a say in how the organization is run.
  • The potential for profit is great, and employees are occasionally given stock or equity in the business.
  • Working with CEOs/CFOs - Small firms, which allows for career advancement and training.

You can imagine why we are so excited to be working with these companies as a progressive sales recruiter, right? these organisations not only allow access for consumers but also offer fantastic experiences for people looking to make an impact.

The next step now is to review some key things you should know when it comes to working for BNPL businesses.



Key things to consider before jumping into BNPL


Industry overview: Understand the BNPL industry - what are the biggest players? What are their backgrounds? Who are their competitors? What sets them apart?


Business Models: Working at a buy now pay later company is not just about selling something and collecting payments. You need to work with credit providers, merchant partners and logistics companies as well as staying up-to-date on state/national laws regarding BNPL. Your job will also entail securing funding for your suppliers, secure customer information and data protection compliance. Working for a buy now pay later company is not just about selling something and collecting payments.


Finance Overview: Working in the financial industry is much more than just processing payments. You need to learn a working knowledge of things like tax liability, credit card fraud protection, revenue recognition procedures - you get where we're going with this right?


SO much experience!


In summary, Working for a BNPL company is a great way to gain relevant experience as well as learn some awesome transferable skills that you will be able to take forward into your next role, or even apply it now if you feel like you already have the right stuff.

Working in this space means not working on 'the same ol' same ol' and gives people the opportunity to really dig deep and challenge themselves



So what are you waiting for? Working within these organisations will help build your career faster than waiting for someone else to discover how awesome you truly are...let us do that today! Find out more about our exciting new Sales and Fintech Recruitment clients here: (contact us)

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