In 2022, Buy Now, Pay Later (BNPL) payments amounted to five percent of e-commerce payments in Singapore. BNPL is a financing service that allows consumers to make purchases on credit through future installments. The city-state is home to Atome's, the leading BNPL startup based in the Asia-Pacific region.
Buy Now, Pay Later payments as a share of e-commerce payments in Singapore from 2020 to 2022
The source mentions that the numbers have been compiled "using a mixture of primary and secondary data sources. Primary refers to their own surveys and commissioned research; whereas secondary refers to authoritative third-party vendor data, and other publicly available data." No specifics, however, are given.
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Worldpay. (March 17, 2023). Buy Now, Pay Later payments as a share of e-commerce payments in Singapore from 2020 to 2022 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1445607/singapore-share-of-bnpl-payments/
Worldpay. "Buy Now, Pay Later payments as a share of e-commerce payments in Singapore from 2020 to 2022." Chart. March 17, 2023. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1445607/singapore-share-of-bnpl-payments/
Worldpay. (2023). Buy Now, Pay Later payments as a share of e-commerce payments in Singapore from 2020 to 2022. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1445607/singapore-share-of-bnpl-payments/
Worldpay. "Buy Now, Pay Later Payments as a Share of E-commerce Payments in Singapore from 2020 to 2022." Statista, Statista Inc., 17 Mar 2023, https://www.statista.com/statistics/1445607/singapore-share-of-bnpl-payments/
Worldpay, Buy Now, Pay Later payments as a share of e-commerce payments in Singapore from 2020 to 2022 Statista, https://www.statista.com/statistics/1445607/singapore-share-of-bnpl-payments/ (last visited October 31, 2024)
Buy Now, Pay Later payments as a share of e-commerce payments in Singapore from 2020 to 2022 [Graph], Worldpay, March 17, 2023. [Online]. Available: https://www.statista.com/statistics/1445607/singapore-share-of-bnpl-payments/
