The GlobalData’s Thematic Research: Buy Now Pay Later 2022 report provides a comprehensive overview of the Buy Now Pay Later (BNPL) sector.
The report discusses the disruptive potential of the BNPL sector on the payments industry
The BNPL global market sizing was estimated at $120 billion in 2021, though it only represent less than 3% of the global ecommerce market size
It identifies the leading companies that are driving the sector growth and the benefits this new payments solution provides to both merchants and consumers
The report also discussed the consumer’s risk of using BNPL loans and governments attempt at introducing regulations of the sector
The report identify the main risks that consumers expose themselves to when over borrowing with BNPL
Klarna is the leading BNPL provider who has the largest number of consumers with 87 million users in 2021
Established companies like Apple and Goldman Sachs are moving into the BNPL sector to capitalize on the growing trend
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