Consumers Embrace BNPL for Groceries Amid Rising Food Costs
Facing inflated food costs, consumers are increasingly turning to buy now, pay later (BNPL) options for groceries.
Source: pymnts.com
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Older Shoppers Want to See Installment Options Before Checkout
A majority of consumers, especially older shoppers, insist on being informed about installment plan options prior to making a purchase.
Source: pymnts.com
Older Shoppers Demand to See Installment Plan Options Before Checkout
The lion’s share of shoppers wants merchants to let them know what installment plan options are available before the checkout process even begins, and older…
Source: biztoc.com
Affluent Consumers Most Likely to Use Card Installment Plans
Among all consumer segments and demographic groups, consumers making more than $100,000 annually are the heaviest users of store card installment plans.
Source: pymnts.com
Nearly 40% of High-Income Consumers Use Pay-Later Plans
Consumers making more than $100,000 annually are the heaviest users of any type of installment plans, PYMNTS Intelligence finds.
Source: pymnts.com