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Buy now, pay later popularity shows no signs of slowing, FIS report says

March 9, 2022

Via: Retail Dive

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Expect buy now, pay later to be a juggernaut in payments for years to come.

That’s according to the 156-page 2022 Global Payments Report released March 2 by the Worldpay unit of Fidelity National Information Services, also known as FIS. Buy now, pay later will account for about $438 billion, or 5.3%, of the global e-commerce transaction value by 2025, up from 2.9%, or $157 billion, in 2021, fueled by strong demand in key markets such as North America and Europe.

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