In October 2023, nearly two thirds of buy now, pay later (BNPL) purchases made by financially fragile users of that technology in the United States had a value of up to 250 U.S. dollars. In comparison, a higher share of the purchases made by financially stable BNPL users had a higher value.
Share of buy now, pay later (BNPL) purchases in the United States in October 2023, by purchase value and users' economic situation
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New York Fed. (February 14, 2024). Share of buy now, pay later (BNPL) purchases in the United States in October 2023, by purchase value and users' economic situation [Graph]. In Statista. Retrieved October 09, 2024, from https://www.statista.com/statistics/1328281/size-of-bnpl-purchases-in-the-us-by-age/
New York Fed. "Share of buy now, pay later (BNPL) purchases in the United States in October 2023, by purchase value and users' economic situation." Chart. February 14, 2024. Statista. Accessed October 09, 2024. https://www.statista.com/statistics/1328281/size-of-bnpl-purchases-in-the-us-by-age/
New York Fed. (2024). Share of buy now, pay later (BNPL) purchases in the United States in October 2023, by purchase value and users' economic situation. Statista. Statista Inc.. Accessed: October 09, 2024. https://www.statista.com/statistics/1328281/size-of-bnpl-purchases-in-the-us-by-age/
New York Fed. "Share of Buy Now, Pay Later (Bnpl) Purchases in The United States in October 2023, by Purchase Value and Users' Economic Situation." Statista, Statista Inc., 14 Feb 2024, https://www.statista.com/statistics/1328281/size-of-bnpl-purchases-in-the-us-by-age/
New York Fed, Share of buy now, pay later (BNPL) purchases in the United States in October 2023, by purchase value and users' economic situation Statista, https://www.statista.com/statistics/1328281/size-of-bnpl-purchases-in-the-us-by-age/ (last visited October 09, 2024)
Share of buy now, pay later (BNPL) purchases in the United States in October 2023, by purchase value and users' economic situation [Graph], New York Fed, February 14, 2024. [Online]. Available: https://www.statista.com/statistics/1328281/size-of-bnpl-purchases-in-the-us-by-age/