BNPL adoption rate Vietnam 2023, by product category
According to a report conducted in 2023, the adoption rate of buy now, pay later (BNPL) as a payment method was the highest for purchases of electronic gadgets among Vietnamese consumers, as confirmed by 59 percent of the respondents. Home appliances were the product category with the second-highest BNPL adoption rate in the country in the same year, reaching 51 percent.