The adoption comes as younger consumers are more eager to utilize BNPL options. Millennials and Gen Z account for 42.7% and 30.3% of BNPL volume, respectively, according to recent data from eMarketer. Plus, BNPL is likely to continue growing and account for more than 24% of global e-commerce transactions for physical goods by value by 2026, CSA reported. That’s up from 9% of transactions in 2021.
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