Buy Now Pay Later (BPNL), a form of short-term borrowing is used by millions of beauty shoppers looking to purchase goods sooner rather than later. An estimated 10.9 million people used BNPL at least once in the 12 months to May 2024, according to the Financial Lives survey by the Financial Conduct Authroity (FCA). British beauty and health care retailer Boots offers both Klarna and global online payment platform PayPal’s BNPL services. UK beauty retailers Lookfantastic and Space NK, meanwhile, both allow for deferred payments through Clearpay. The move raises questions about what this could mean for shoppers, brands and the actual BNPL providers.