2020 has seen an acceleration of many digital trends, e-commerce being the poster child of this phenomenon. With stores closed, consumers have had no choice but to order online. In fact, according to data from IBM, 2020 has accelerated the shift to e-commerce by five years. Not only have people been changing where they buy their goods, but also how they pay for those goods. The latest trend sweeping the e-commerce industry is known as "buy now, pay later," which is exactly what it sounds like. Unlike credit cards, shoppers using buy now, pay later can create payment plans for specific items, and in many cases, they do not have to worry about interest expense. This is a huge win for consumers by providing yet another way to pay for goods and services. In this video, I break down Affirm (AFRM), Afterpay (AFTPY), and Katapult (FSRV), and my pick for the best investment in the buy now, pay later space.