What is Personal Insurance?
Understanding the benefits of personal insurance is a good step in the right direction when protecting people and their families from losses they couldn’t afford to cover on their own.
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These Buy Now Pay Later (BNPL) statistics provide insight into the growing trend of consumers utilizing BNPL services to pay for purchases.
BNPL allows consumers to purchase items without having to pay the total amount upfront and instead pay for the purchase in installments over a period of time. These statistics provide insight into the popularity of BNPL services, the types of customers using them, and how it affects their spending habits.
They also provide valuable information for vendors looking to understand how to tailor their offerings better to fit customer needs.
Written by Shortlister Editorial Team
Sources
- Buy Now Pay Later Users To Reach Over 900 Million Globally By 2027, Driven By Low Cost Of Credit by Juniper Research
- Biggest buy now, pay later (BNPL) services based on user count in the United States in 2020 by Statista
- Buy Now, Pay Later: Survey Evidence of Consumer Adoption and Attitudes by Federal Reserve Bank of Philadelphia
- Study: Buy Now, Pay Later Services Grow in Popularity by Maurie Backman and Jack Caporal
- Buy Now, Pay Later Statistics and User Habits by C+R Research
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