‘Buy now, pay later’ options expected to increase holiday shopping

JACKSON, Tenn. — Fresh data surrounding shopping habits and trends show that many people will be going into stores this year.

This data also shows that one in four Gen Z-aged individuals will be using buy now-pay later options.

This trend has been growing at a steady rate over the last few years, and many different businesses offer this for use.

We were also able to speak with Michelle Gill with PayPal, who told us just how much this has been growing.

“They have gotten incredibly used to and have started to expect buy now-pay later — BNPL — as a payment option at checkout. Both in-store and online,” Gill said.

To be specific, there has been about a 20% increase in buy now-pay later usage year over year.

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