Buy now, pay later (BNPL) user figure in Australia 2019-2020
Australia's buy now, pay later (BNPL) user figure climbed by around 25 percent year-on-year in the wake of the coronavirus pandemic in 2020. Now reaching almost two million users, the country is regarded as one of the top countries in the world when it comes to the use of buy now, pay later or POS financing. This is largely due to local players AfterPay and and Zip, although PayPal did announce it would enter the world with its own Pay in 4 service in 2021.
