In 2022, Buy Now, Pay Later (BNPL) accounted for three percent of the e-commerce payment methods used in the Philippines. The share of BNPL transactions was forecast to reach six percent in 2027.
BNPL is a financing service that allows consumers to make purchases on credit through future installments.
Share of Buy Now, Pay Later (BNPL) transactions in e-commerce payment methods used in the Philippines in 2022, with forecasts for 2024 and 2027
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2C2P. (October 26, 2023). Share of Buy Now, Pay Later (BNPL) transactions in e-commerce payment methods used in the Philippines in 2022, with forecasts for 2024 and 2027 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1498655/philipppines-bnpl-share-of-e-commerce-payments/
2C2P. "Share of Buy Now, Pay Later (BNPL) transactions in e-commerce payment methods used in the Philippines in 2022, with forecasts for 2024 and 2027." Chart. October 26, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1498655/philipppines-bnpl-share-of-e-commerce-payments/
2C2P. (2023). Share of Buy Now, Pay Later (BNPL) transactions in e-commerce payment methods used in the Philippines in 2022, with forecasts for 2024 and 2027. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1498655/philipppines-bnpl-share-of-e-commerce-payments/
2C2P. "Share of Buy Now, Pay Later (Bnpl) Transactions in E-commerce Payment Methods Used in The Philippines in 2022, with Forecasts for 2024 and 2027." Statista, Statista Inc., 26 Oct 2023, https://www.statista.com/statistics/1498655/philipppines-bnpl-share-of-e-commerce-payments/
2C2P, Share of Buy Now, Pay Later (BNPL) transactions in e-commerce payment methods used in the Philippines in 2022, with forecasts for 2024 and 2027 Statista, https://www.statista.com/statistics/1498655/philipppines-bnpl-share-of-e-commerce-payments/ (last visited December 21, 2024)
Share of Buy Now, Pay Later (BNPL) transactions in e-commerce payment methods used in the Philippines in 2022, with forecasts for 2024 and 2027 [Graph], 2C2P, October 26, 2023. [Online]. Available: https://www.statista.com/statistics/1498655/philipppines-bnpl-share-of-e-commerce-payments/
