Consumers who would use a Buy Now, Pay Later service in Australia 2021, by generation

Published by Statista Research Department, Apr 3, 2024
A survey conducted in 2021 revealed that Australian Gen X were the most open generation to using a Buy Now, Pay Later service, with 14 out of hundred surveyed saying they would consider it. Meanwhile, only 11 percent of baby boomers agreed with this idea.

Share of consumers who would use a Buy Now, Pay Later service in Australia as of May 2021, by generation

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Source

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Release date

August 2021

Region

Australia

Survey time period

April 21 to May 3, 2021

Number of respondents

1,008 respondents

Age group

18 years and older

Method of interview

Online survey

Supplementary notes

The source defines generations as follows:

Gen Z are those 18 to 25 years
Gen Yare those 26 to 40 years
Gen X are those 41 to 55 years
Baby Boomers are those 56 to 74 years.

Original question: "Would you consider using a Buy Now, Pay Later Service (BNPL) for a future purchase?"

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