In October 2023, nearly two thirds of buy now, pay later (BNPL) purchases made by financially fragile users of that technology in the United States had a value of up to 250 U.S. dollars. In comparison, a higher share of the purchases made by financially stable BNPL users had a higher value.
Share of buy now, pay later (BNPL) purchases in the United States in October 2023, by purchase value and users' economic situation
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New York Fed. (February 14, 2024). Share of buy now, pay later (BNPL) purchases in the United States in October 2023, by purchase value and users' economic situation [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1328281/size-of-bnpl-purchases-in-the-us-by-age/
New York Fed. "Share of buy now, pay later (BNPL) purchases in the United States in October 2023, by purchase value and users' economic situation." Chart. February 14, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1328281/size-of-bnpl-purchases-in-the-us-by-age/
New York Fed. (2024). Share of buy now, pay later (BNPL) purchases in the United States in October 2023, by purchase value and users' economic situation. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1328281/size-of-bnpl-purchases-in-the-us-by-age/
New York Fed. "Share of Buy Now, Pay Later (Bnpl) Purchases in The United States in October 2023, by Purchase Value and Users' Economic Situation." Statista, Statista Inc., 14 Feb 2024, https://www.statista.com/statistics/1328281/size-of-bnpl-purchases-in-the-us-by-age/
New York Fed, Share of buy now, pay later (BNPL) purchases in the United States in October 2023, by purchase value and users' economic situation Statista, https://www.statista.com/statistics/1328281/size-of-bnpl-purchases-in-the-us-by-age/ (last visited December 30, 2024)
Share of buy now, pay later (BNPL) purchases in the United States in October 2023, by purchase value and users' economic situation [Graph], New York Fed, February 14, 2024. [Online]. Available: https://www.statista.com/statistics/1328281/size-of-bnpl-purchases-in-the-us-by-age/
