Buy Now Pay Later Statistics: Market Size, Users, Debt (2024)

The number of people using BNPL services keeps rising in the United States. A LendingTree survey established that 31% of Americans utilized BNPL services in 2021, rising to 43% in 2022. In the United Kingdo… See more

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Buy Now Pay Later Statistics: Market Size, Users, Debt (2024)

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Buy Now, Pay Later (BNPL) In The U.S. - Statistics & Facts

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Nov 12, 2024 · Merchants who use Pay in 4 for buy now, pay later in 33 countries worldwide 2024 Zip share among U.S. websites with at least one BNPL solution 0.24%

statista.com

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Buy Now Pay Later Statistics By Users, Usage And Facts [2024*]

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Sep 25, 2024 · The growth rate of the global BNPL market will grow by 20.7% from 2024 to 2032. Buy Now Pay Later Statistics show that in 2024, BNPL’s total transactional value will be $334 …

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Buy Now Pay Later Market Size & Industry Growth 2030

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The global Buy Now Pay Later Market size was valued at USD 40.24 Billion in 2024 and is projected to expand at a compound annual growth rate (CAGR) of 20.1% during the forecast …

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US Buy Now, Pay Later Forecast 2024 - Emarketer.com

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Oct 10, 2024 · US buy now, pay later (BNPL) payment value will reach $94.29 billion in 2024. As the industry matures, user growth is becoming limited—forcing BNPL fintechs to find new …

emarketer.com

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Lafferty Group - Buy Now Pay Later Index 2021-2024 - Michael …

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Back home / Buy Now Pay Later Index 2021-2024 The global BNPL Market size is expected to touch $532.9 billion by 2024. That's a CAGR of 56% from 2021 to 2024, and indicates the …

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Why More Americans Are Turning To Buy Now, Pay Later Payment …

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Dec 15, 2024 · So far in 2024, BNPL spending in the United States has outpaced prior years. Consumers spent a total of $75.1 billion dollars with BNPL in 2023, up from $65.6 billion …

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Buy Now, Pay Later Headed For Record Holiday Season, Report Says ...

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Nov 28, 2024 · About $18.5 billion of our holiday purchases this year are expected to be made using buy now, pay later, according to data from Adobe.That’s a new record, up more than …

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Buy Now Pay Later Market Size - Global Market Insights Inc.

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The buy now pay later (BNPL) market size exceeded USD 378.3 billion in 2023 and is poised to expand at around 40% CAGR from 2024 to 2032, propelled by the consumer desire for flexible …

gminsights.com

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BNPL Sector Sees Record High Issuance In 2024

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3 days ago · The use of buy-now-pay-later (BNPL) services spiked on Cyber Monday as consumer spending reached a record $991.2 million that day. Consumers spent $75.1 billion …

structuredfinance.org

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Record Buy Now Pay Later Sales Expected Cyber Monday On …

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Nov 30, 2024 · Buy now, pay later sales on Cyber Monday are expected to reach $993 million, driven in part by mobile shopping trends. ... 2024-11-30T03:38:41Z ... pay later purchases, …

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Despite APRs That Can Top 30%, Some Shoppers Still Like Retail …

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4 days ago · Some shoppers prefer retail store credit cards over buy now, pay later loans. Either way, here's what you need to consider.

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FAQs about Buy Now Pay Later Statistics: Market Size, Users, Debt (2024) Coupon?

How many Americans use Buy Now Pay later (BNPL) in 2023?

Nearly 1 in 5 American consumers used Buy Now, Pay Later (BNPL) in 2023. Consumers primarily use BNPL for smaller transactions with an average loan size of $135. On average, BNPL users have borrowed $2,085 across all their BNPL purchases. The typical BNPL purchase requires a 25% down payment and has 0% interest over the six-week repayment period. ...

How big is the Buy Now Pay later (BNPL) market?

The Buy Now, Pay Later (BNPL) market is rapidly expanding, with over 360 million global users as of 2024. This figure is projected to surge to 900 million by 2027, marking a 157% increase. ...

What is the value of the Buy Now Pay Later market?

The Buy Now Pay Later market in the United States was valued at $1.64 billion in 2022 and is expected to grow at a CAGR of 24.3% between the forecast period of 2023 to 2030. One of the major drivers of the BNPL market in the United States is the convenience consumers get. Other drivers of the market are changing consumer preferences. ...

How big is the global Buy Now Pay Later market?

According to Precedence Research, the global buy now pay later market size was valued at US$ 125.09 billion in 2021 and is anticipated to surpass around US$ 3268.26 billion by 2030. How much is the CAGR of global buy now pay later market? ...

What was the transaction volume of Buy Now Pay Later in 2023?

The transaction volume of Buy Now Pay Later was $309.2 billion in 2023 and is predicted to reach $386 billion in 2024. This is an approximate increase of 77 billion in transaction volume compared to 2023. Further, 2023 witnessed an increase of nearly 96 billion in the transaction volume of BNPL compared to the previous year. ...

Why should you buy the Buy Now Pay later (BNPL) report?

Reasons to buy the ‘Buy Now Pay Later’ report: Gain an understanding of the Buy Now Pay Later (BNPL) market and some of the key and niche players in the space. Learn about the BNPL market size and its forecasted growth rate over the next few years. Learn about key developments and challenges facing the market and its players. ...