BNPL spending on e-commerce Philippines 2021-2026

Published by Statista Research Department, Jan 19, 2023
In 2021, the Buy Now, Pay Later (BNPL) expenditure on e-commerce in the Philippines amounted to 0.1 billion U.S. dollars. This was forecast to reach 0.9 billion U.S. dollars in 2026. BNPL as a payment method has slowly gained popularity in the Philippines, with companies such as Klarna, GrabPayLater, and Shoppee SPayLater, among others, allowing Filipino online shoppers to pay for their items in a later period.

Buy Now, Pay Later (BNPL) spending on e-commerce in the Philippines in 2021 with a forecast for 2026 (in billion U.S. dollars)

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Release date

October 2022

Region

Philippines

Survey time period

2021

Supplementary notes

*Forecast.

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Overview

4

Investments

6

Digital payment

6

Cryptocurrency

3

Embedded finance

4

BNPL

3

Digital remittance

3

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Topics

Buy Now, Pay Later (BNPL)Online shopping behavior in the United StatesFintechCoronavirus (COVID-19): impact on e-commerce in the U.S.Online shopping behavior in the UK
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