Buy Now Pay Later Market is Predicted to Gain USD 115 Billion at 25.3% CAGR by 2032, States Market.us
The Buy Now Pay Later (BNPL) market has experienced significant growth in recent years, driven by the increasing adoption of digital payment methods and the rising preference for flexible payment options among consumers. BNPL allows customers to make purchases and pay for them in installments over time, without the need for traditional credit cards or loans. This payment model has gained popularity across various industries, including e-commerce, retail, and travel, due to its convenience and affordability. In 2022, the global Buy Now Pay Later market was valued at US$ 13 Billion. Between 2023 and 2032, this market is estimated to register…
- Date: July 10, 2023
- Author: Thomas Bretz
- Category: Taiwan News