Why Are UK Consumers Choosing BNPL?

The global BNPL market value is expected to reach $20.4B in 2025.¹ In the UK, BNPL services are the fastest-growing online payment method growing 2x as quickly as bank transfers and more than 3x the rate of annual growth in digital wallets.²

For UK businesses, offering and promoting pay over time options across your site can help you attract new customers and increase conversions and revenue.

Learn how to optimise your pay later business strategy in this e-book.

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Grandview Research, August 2020. Buy Now Pay Later Market Size, Share & Trends Analysis Report By Channel (Online, POS), By Enterprise Size, By End Use (Fashion & Garment, Consumer Electronics, Healthcare), By Region, And Segment Forecasts, 2021 – 2028.
Worldpay Report from FIS 2020 Global Payments Report “Use of buy now, pay later products in the UK set to more than double by 2023, finds new Worldpay report”. Published on Feb 29, 2020.