According to a 2024 survey on buy now pay later (BNPL) services, the share of BNPL users from Gen Z and Gen Y was the highest out of the four generations. In July 2022, 70 percent of Gen Z respondents and 69 percent of Gen Y respondents stated to have used BNPL in the past six months. The usage of BNPL plans among the Baby Boomer generation was well below the other generations, but peaked in April 2023, when 15 percent of respondents of that generation indicated to have used BNPL services.
Usage of buy now pay later (BNPL) services in the last 6 months in Australia from January 2020 to January 2024, by generation
Characteristic
Gen Z
Gen Y
Gen X
Baby Boomers
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finder.com. (April 8, 2024). Usage of buy now pay later (BNPL) services in the last 6 months in Australia from January 2020 to January 2024, by generation [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1414900/australia-usage-of-bnpl-services-by-generation/
finder.com. "Usage of buy now pay later (BNPL) services in the last 6 months in Australia from January 2020 to January 2024, by generation." Chart. April 8, 2024. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1414900/australia-usage-of-bnpl-services-by-generation/
finder.com. (2024). Usage of buy now pay later (BNPL) services in the last 6 months in Australia from January 2020 to January 2024, by generation. Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1414900/australia-usage-of-bnpl-services-by-generation/
finder.com. "Usage of Buy Now Pay Later (Bnpl) Services in The Last 6 Months in Australia from January 2020 to January 2024, by Generation." Statista, Statista Inc., 8 Apr 2024, https://www.statista.com/statistics/1414900/australia-usage-of-bnpl-services-by-generation/
finder.com, Usage of buy now pay later (BNPL) services in the last 6 months in Australia from January 2020 to January 2024, by generation Statista, https://www.statista.com/statistics/1414900/australia-usage-of-bnpl-services-by-generation/ (last visited July 23, 2024)
Usage of buy now pay later (BNPL) services in the last 6 months in Australia from January 2020 to January 2024, by generation [Graph], finder.com, April 8, 2024. [Online]. Available: https://www.statista.com/statistics/1414900/australia-usage-of-bnpl-services-by-generation/