Share of consumers using BNPL India 2022, by purchase category and age
According to a survey from 2022, Buy Now, Pay Later (BNPL) payment services in India are mostly used for fashion and electronics purchases, with nearly eight in ten consumers aged between 45 and 54 years using BNPL payment services for electronic products or smartphones. Payments for educational technology purchases were the least likely to be delayed. Roughly one-fifth of surveyed consumers used BNPL for ed-tech courses.
