According to a 2023 survey on buy now pay later (BNPL) services in Australia, the average value of late fees paid by BNPL users in the last 12 months was 50 Australian dollars as of January 2023. October 2021 saw a peak in the average amount of BNPL fees, with users forfeiting an average of 181 Australian dollars.
Average value of late fees paid by buy now pay later (BNPL) users in the last 12 months in Australia from April 2020 to January 2023
(in Australian dollars)
Characteristic
Average fee in Australian dollars
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finder.com. (June 15, 2023). Average value of late fees paid by buy now pay later (BNPL) users in the last 12 months in Australia from April 2020 to January 2023 (in Australian dollars) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1414949/australia-average-value-of-late-fees-paid-by-bnpl-users/
finder.com. "Average value of late fees paid by buy now pay later (BNPL) users in the last 12 months in Australia from April 2020 to January 2023 (in Australian dollars)." Chart. June 15, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1414949/australia-average-value-of-late-fees-paid-by-bnpl-users/
finder.com. (2023). Average value of late fees paid by buy now pay later (BNPL) users in the last 12 months in Australia from April 2020 to January 2023 (in Australian dollars). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1414949/australia-average-value-of-late-fees-paid-by-bnpl-users/
finder.com. "Average Value of Late Fees Paid by Buy Now Pay Later (Bnpl) Users in The Last 12 Months in Australia from April 2020 to January 2023 (in Australian Dollars)." Statista, Statista Inc., 15 Jun 2023, https://www.statista.com/statistics/1414949/australia-average-value-of-late-fees-paid-by-bnpl-users/
finder.com, Average value of late fees paid by buy now pay later (BNPL) users in the last 12 months in Australia from April 2020 to January 2023 (in Australian dollars) Statista, https://www.statista.com/statistics/1414949/australia-average-value-of-late-fees-paid-by-bnpl-users/ (last visited July 03, 2024)
Average value of late fees paid by buy now pay later (BNPL) users in the last 12 months in Australia from April 2020 to January 2023 (in Australian dollars) [Graph], finder.com, June 15, 2023. [Online]. Available: https://www.statista.com/statistics/1414949/australia-average-value-of-late-fees-paid-by-bnpl-users/