Sources
*About Pay in 4: Loans to California residents are made or arranged pursuant to a California Financing Law License. PayPal, Inc. is a Georgia Installment Lender Licensee, NMLS #910457. Rhode Island Small Loan Lender Licensee.
Pay Monthly is subject to consumer credit approval. Term lengths and fixed APR of 9.99-35.99% vary based on the customer’s creditworthiness. The lender for Pay Monthly is WebBank. PayPal, Inc. (NMLS #910457): RI Loan Broker Licensee. VT Loan Solicitation Licensee.
1 - 62% of BNPL users say that seeing a buy now, pay later message while shopping encouraged them to complete a purchase. TRC online survey commissioned by PayPal in April 2021 involving 5,000
consumers ages 18+ across US, UK, DE, FR, AU (among BNPL users, US (n=282), UK (n=303), DE (n=342), AU (n=447), FR (n=255)).
2 - PayPal’s Buy Now, Pay Later is boosting merchant s conversion rates and increasing cart sizes by 39%. PayPal Q2 Earnings-2021.
3 - 80% of BNPL users agree that seeing a BNPL message while browsing gives them the ability to spend more. An online study commissioned by PayPal and conducted by Netfluential in November
2020, involving 1,000 US online shoppers ages 18-39. (Among BNPL Users, n= 357)
4 - 74% of BNPL users are more likely to shop at a merchant again if they offer a buy now, pay later option. TRC online survey commissioned by PayPal in April 2021 involving 1000 US consumers ages
18+ (among BNPL users, n=282).
5 - PayPal is the most trusted brand across BNPL payment providers. An online study commissioned by PayPal and conducted by Netfluential in November 2020, involving 1,000 US online shoppers ages
18-39.
6 - The Truth About BNPL And Store Cards Report, an online study commissioned by PayPal and conducted by PYMNTS, based on a census- balanced survey of 2,161 U.S. consumers from Dec. 10 to
Dec. 17, 2021.
7 - TRC online survey commissioned by PayPal in April 2021 involving 5,000 consumers ages 18+ across US, UK, DE, FR, AU (among BNPL users, US (n=282), UK (n=303), DE (n=342), AU
(n=447), FR (n=255).
8 - 84% of BNPL users decide to use a buy now pay later solution prior to checkout. An online study commissioned by PayPal and conducted by Netfluential in November 2020, involving 1,000 US online
shoppers ages 18-39. (Among BNPL users, n=357)