Despite Buy-Now-Pay-Later (BNPL) info flooding the newswires, it holds only a small percentage of the payments landscape with 9% of global e-commerce transactions in 2021 (Juniper Research). However, it is growing fast both in the US and globally.
By 2026, BNPL services will account for over 24% of global e-commerce transactions (Juniper Research) for physical goods by value.
Why the rapid growth estimates? BNPL is becoming “hot” for all generations:
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