Annual buy now, pay later (BNPL) transaction volume in U.S. 2019-2021, by vertical
United States consumers took three times more buy now, pay later (BNPL) loans in 2021 than they did in 2020. This according to a survey held in the U.S. among five different pure player BNPL lenders, of which the biggest lender accounted for 39 percent of overall transaction volume. The smallest lender accounted for six percent. The source admits this may mean that the numbers shown here might not cover the full Buy Now, Pay Later market. Nevertheless, the aggregated figures reveal a significant growth since 2019. Dollar originations, especially, have increased by more than 200 percent per year since 2019.
