BNPL Pay is a decentralized lending protocol that puts credit in the hands of those who need it the most: those who cannot meet the requirements for collateralized loans. It tackles the counterparty risk associated with uncollateralized borrowing through a distributed network of Banking Nodes. BNPL Pay's system delegates tasks such as credit checks, risk assessment and other due diligence requirements to pool operators and creates incentive structures that reward and punish them for effective performance.