Breaking Boundaries: India’s Buy Now Pay Later Phenomenon Sparks Credit Revolution- But Is it Sustainable?: Ken Research The Buy Now Pay Later (BNPL) market in India has experienced an unprecedented surge, becoming a catalyst for the credit revolution in the country. With a staggering compound annual growth rate of ~321% between 2019 and 2021, the BNPL industry has witnessed remarkable growth. The sector is currently driven by factors such as increasing smartphone… Read More »
Adoption Of Digital Payments, E-Commerce Among Consumers And Merchants, And The Entry Of Global Players Are Driving The South Africa BNPL Market – Ken Research 1. BNPL as a mode of payment is witnessing a positive response from both retailers and customers leading to robust growth in market. To Know More about this report, download a Free Sample Report The South African Buy Now Pay Later sector saw its highest revenue in 2022 after seeing a double-digit CAGR between 2019… Read More »
The Malaysia BNPL Market is expected to contribute ~$2.5 Bn by 2027F owing to Entry of Global Players, Partnerships and Changing Demographics: Ken Research Ecosystem of BNPL Market in Malaysia Malaysia BNPL Market is at growing stage and has a consolidated market with about 5-6 major players capturing large portion of the market. Atome is the market leader. To Know More about this report, download a Free Sample Report Key Findings The population of Malaysia is becoming more tech-savvy… Read More »
Increase in smartphone and internet penetration, Government support, young demographic composition and financial literacy is expected to drive KSA BNPL Industry: Ken Research Online mode of payment will continue to dominate the BNPL industry in KSA due to Sharia compliant which promotes digital payments when compared to offline mode. Covid-19 pandemic lead to substantial growth in the e-commerce industry, with 2.5 times faster than growth before the pandemic, leading to increasing online transactions in KSA. Increasing demand for… Read More »
Global players and investors are rapidly expanding the BNPL industry in KSA through investment, funding, and acquisition: Ken Research 1. The Covid-19 epidemic is a catalyst for energizing and opening up the BNPL market in the nation, together with external investments made in the sector Recent years have seen a substantial increase in digital transactions in Saudi Arabia. Which is one of the main causes for the rise of digital credit lending in the… Read More »
BNPL as a mode of payment is witnessing a positive response from both retailers and customers in South Africa due to the perks and convenience attached to this service: Ken Research 1. The Covid-19 pandemic is a driving force in exhilarating and paving the way for newer companies to enter the BNPL space in the country, in addition to external investments made in the industry To Know More about this report, download a Free Sample Report In the last couple of years, South Africa has seen… Read More »
Adoption of digital payments, e-commerce among consumers and merchants, and the entry of global players are driving the Malaysia BNPL Market – Ken Research 1. Changing Consumer Preferences as a Result of COVID-19 and Growing E-commerce Adoption are the Driving Forces Behind BNPL Market in Malaysia. For more information, Request a Free Sample Report With a CAGR of 60.5% from 2019 to 2022, the Malaysian buy now pay later market is growing. The market is fueled by shifting customer… Read More »
The Malaysia BNPL Market is growing owing to Digitalization, Rising Tech-Savvy Population and Partnerships between BNPL players and Banks: Ken Research Focus On Shifting Preference Towards BNPL And Adoption of Online Payments Technology Are Major Factor Contributing Towards Development of BNPL Market in Malaysia Adoption within Retail: With e-commerce growing faster than before the pandemic, it presents a big opportunity due to increased online payments. This coupled with the fact that BNPL giants have witnessed immense… Read More »
KSA Buy Now Pay Later Market Outlook to 2027: Ken Research How BNPL Market is positioned in KSA? The report titled “KSA Buy Now Pay Later Market Outlook to 2027- Driven by digitalization, government support as a part of Saudi vision 2030 increasing Genz & millennials population due to influx of expatriates coupled with shifting preference towards easy interest free extra credit line sources” by Ken Research provides… Read More »
The Covid-19 pandemic is a catalyst in exhilarating and paving way for newer companies to enter the BNPL space in the country coupled with external investments made in the industry: Ken Research No Interest Credit Payments: One of the major reason as to why BNPL is a robust mechanism inside South Africa is due to the fact that customers are allowed to pay the money in three equal instalments with no interest fee. Although, there is a carry forward fee in case the shopper misses the payment… Read More »
