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Gimme Gimme NOW!

Aug. 31, 2022

Juniper Research forecasts a XXX% Increase of Buy Now Pay Later (BNPL) Users. In fact, BNPL users will surpass 900 million globally by 2027. Not surprisingly, this is due to an anticipated economic downturn, which will increase the demand for low-cost credit solutions.

BNPL enables consumers to spread the cost of their purchases without interest charges. No shocker that it makes this tool a highly attractive alternative to credit cards. Why? Because BNPL services do not require hard credit checks and an increasing number of merchants are accepting this payment method.

Source: Buy Now Pay Later: Regulatory Frameworks, Competitor Leaderboard & Market Forecasts 2022-2027

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