According to a survey conducted in 2021, around 56 percent of online businesses in Australia offering Buy Now Pay Later services stated that the service brings in new customers while only 37 percent without BNPL services perceived the same. Similarly, around 52 percent of online businesses offering a BNPL service think that the service attracts younger customers.
Perceived benefits of offering Buy Now Pay Later services in Australia as of May 2021
Characteristic
Businesses with BNPL
Non-BNPL businesses
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PayPal. (August 20, 2021). Perceived benefits of offering Buy Now Pay Later services in Australia as of May 2021 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1275458/australia-perceived-benefits-of-offering-bnpl-services/
PayPal. "Perceived benefits of offering Buy Now Pay Later services in Australia as of May 2021." Chart. August 20, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1275458/australia-perceived-benefits-of-offering-bnpl-services/
PayPal. (2021). Perceived benefits of offering Buy Now Pay Later services in Australia as of May 2021. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1275458/australia-perceived-benefits-of-offering-bnpl-services/
PayPal. "Perceived Benefits of Offering Buy Now Pay Later Services in Australia as of May 2021." Statista, Statista Inc., 20 Aug 2021, https://www.statista.com/statistics/1275458/australia-perceived-benefits-of-offering-bnpl-services/
PayPal, Perceived benefits of offering Buy Now Pay Later services in Australia as of May 2021 Statista, https://www.statista.com/statistics/1275458/australia-perceived-benefits-of-offering-bnpl-services/ (last visited August 24, 2024)
Perceived benefits of offering Buy Now Pay Later services in Australia as of May 2021 [Graph], PayPal, August 20, 2021. [Online]. Available: https://www.statista.com/statistics/1275458/australia-perceived-benefits-of-offering-bnpl-services/