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 »
Around 80% of the BNPL Market revenue in UAE was generated by Online mode of payment fueled by the Covid-19 pandemic: 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 In recent years, the UAE has seen a significant increase in digital transactions Because of the rise of e-commerce in the… 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 »
South Africa Buy Now Pay Later Business and Market Outlook to 2027: Ken Research How Buy Now Pay Later BNPL Industry Is Positioned In South Africa? South Africa BNPL (Buy Now Pay Later) market has displayed a significant growth since 2019 growing at double digit CAGR ~%. The market is gaining pace with positive response from customers as well as retailers. The market is moderately concentrated with 5-6 major… 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 »
Saudi Arabia’s huge surge in recent times with respect to digital transactions, serving as one of the major factors leading to rise of digital credit lending such as that of BNPL in the country: Ken Research Increasing number of BNPL Players and its customer base: In just one year, the Middle East region has witnessed an upsurge in the number of companies offering BNPL solutions. With so much action happening on the BNPL ground, its user base is making equally big strides. A major chunk of Saudi Arabian consumers has used… Read More »
