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APAC E-Commerce Customers Embrace Digital Wallets and Buy Now, Pay Later
In Asia Pacific (APAC), customers are embracing new payment methods such as digital wallets and buy now pay later (BNPL) arrangements for their online purchases, found a new research by Stripe in partnership with Edgar, Dunn & Company. A survey
Read MoreStudy Shows BNPL in the Spotlight Amidst Other Consumer Payment Trends
Singapore-based consumer insights firm Milieu Insight’s new report “The Big Picture – Payments” exploring consumer payment trends puts a spotlight on the Buy Now, Pay Later (BNPL) sector in Singapore. The study explored BNPL usage in-depth and found that approximately
Read MoreAre Buy Now Pay Later Schemes Evil?
Buy-now-pay-later (BNPL) arrangements have surged in popularity over the past couple of years, but the global pandemic has further pushed that growth to new levels. Although BNPL providers are offering consumers with potentially better choices and deals, as well as
Read MoreA Look at the Global BNPL Industry
Though “buy now, pay later” (BNPL) still accounts for just a small portion of the industry, the pandemic-fueled e-commerce boom could see this alternative model grow 10-15x its current volume and reach as much as US$1 trillion in gross merchandise
Read MoreIs BNPL a Force for Good or Evil?
Buy Now Pay Later (BNPL) is arguably one of the hottest trends to arrive in the South East Asian market and it’s easy to see the appeal. For merchants, it is an easy way to increase conversion and for consumers,
Read More6 Key Players in Asia’s Buy Now Pay Later (BNPL) Battleground
‘Buy now, pay later’ (BNPL) adoption is set to grow exponentially in the coming years with Asia Pacific (APAC) being the key driver. A study by Coherent Market Insights estimates that the global BNPL was valued at US$7.3 billion in 2019,
Read MoreCompetition Heats up in Southeast Asia’s Buy Now Pay Later Market
In Southeast Asia, buy now pay later (BNPL) is becoming an increasingly popular way for shoppers to pay for purchases and players including Grab, GoJek, Razer and Oriente have all jumped at the opportunity. BNPL allows customers to make purchases
Read MoreE-Commerce Payment Trends in Southeast Asia
Southeast Asian economies performed remarkably well in 2020 despite the pandemic. The Asian Development Bank (ADB) estimates a contraction of 3.8% for the region in 2020, a modest figure when compared to the eurozone at 7.9% and Britain at 10.1%.
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