Buy Now, Pay Later service usage in the U.S. 2021-2025, by generation
Ever since the Buy Now, Pay Later payment method has become mainstream; Gen Z continues to take the throne over the next four years. In 2021, 36.8 percent of Gen Z digital buyers aged 14 and older were forecast to use BNPL services, compared with only 30.3 percent of millennial users. Gen X is also likely to adopt the BNPL payment method, reaching a 30 percent usage by 2025.