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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. ....

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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. ....

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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… ....

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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. ....

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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. ....

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