As an alternative to credit cards as well as some other forms of financing, these solutions were developed to allow clients the choice to purchase their products and pay in a pre-agreed number of payments over time. Due in part to this, the widespread use of credit cards has declined over the past few years globally, making room for the emergence of alternative payment methods. The COVID-19 epidemic exacerbated several financial stress-related issues, including late payments and lowering credit limits. The point-of-sale financing option known as “Buy Now, Pay Later” has grown in popularity recently, particularly among younger groups. To learn more about this report, Request a Free sample Also, it provides market share, sales analysis, competitive landscape, the impact of domestic and global market participants, trade regulations, value chain optimization, recent key developments, strategic market growth analysis, opportunities analysis, product launches, and technological innovations. The global Buy Now Pay Later BNPL market research report offers an in-depth analysis of the global market size, further segmented into regional and country-level market size and segmentation market growth. North America held the Largest Share of the Buy Now Pay Later BNPL Market in 2021Īccording to Custom Market Insights (CMI), The Global Buy Now Pay Later BNPL Market was estimated at USD 16 billion in 2021 and is anticipated to reach around USD 90 billion by 2030, growing at a CAGR of roughly 22% between 20.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |