|
Leading Research and Consulting Firm Releases 2021 North American PaymentsInsights - Buy Now Pay Later
Wednesday, May 5, 2021
Mercator Advisory Group's latest 2021 North American PaymentsInsights report provides analysis of consumer dynamics within the buy now, pay later and short-term financing space.
BOSTON, April 27, 2021 /PRNewswire-PRWeb/ -- Mercator Advisory Group has released a new primary research report titled 2021 North American PaymentsInsights - Buy Now Pay Later, summarizing the findings from the BNPL and short-term financing sections of the semi-annual North American PaymentsInsights survey of 3,001 U.S-based adults. The report aims to highlight and analyze consumer behaviors, preferences, and motivations as they relate to the rapidly expanding range of point-of-sale financing products. Readers will be presented with a detailed analysis of the impact of demographic characteristics on consumer behaviors and inclinations, general consumer trends, as well as actionable recommendations for industry players.
"The rise of buy now, pay later financing and short-term loans has implications for the consumer credit space as a whole, particularly credit card networks and issuers that have long dominated the industry. With interest rates at record lows, accelerated adoption of online shopping over the past 12 months, and high consumer satisfaction - the conditions have never been better for the reimagining of consumer credit," stated Amy Dunckelmann, Vice President, Research Operations, Mercator Advisory Group.
Highlights of the 2021 North American PaymentsInsights - Buy Now Pay Later Report:
-- Young people and those in the middle-income cohort are particularly
drawn to BNPL and short-term financing.
-- BNPL and short-term financing present themselves as a viable competitors
to the credit card industry, especially as many young people are
reluctant to use credit cards.
-- A variety of risks arise with the expansion of this industry, as many
consumers may be borrowing beyond their means and regulatory oversight
remains significantly lower than that in the traditional consumer credit
space.
-- Consumer satisfaction with BNPL and short-term loans varied
significantly across age groups, income lines, and purchase categories.
This report contains 59 slides and 35 exhibits.
Please visit us online at http://www.mercatoradvisorygroup.com.
For more information and media inquiries, please call Mercator Advisory Group's main line: 1-781-419-1700, send email to media@mercatoradvisorygroup.com.
For free industry news, opinions, research, company information and more, visit us at http://www.PaymentsJournal.com.
Follow us on Twitter @ http://twitter.com/MercatorAdvisor.
About Mercator Advisory Group:
Mercator Advisory Group is the leading independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.
Media Contact
Karen Yetter, Mercator Advisory Group, 781-419-1700, kyetter@mercatoradvisorygroup.com
Twitter
SOURCE Mercator Advisory Group
|
|
|
|
|
|
 |
AllSci Launches Hypothesis Publishing: A Seamless Way to Share, Connect, and Advance Scientific Ideas | Jan 22, 2026
|
|
PayDo Launches Unified Payment Infrastructure Suite for Digital Businesses | Jan 22, 2026
|
|
TSX Venture Exchange Market Data Now Available Across Over 40 Blockchains via Chainlink | Jan 22, 2026
|
|
Gametime Launches "12 Days of Gametime" Holiday Giveaway in Partnership with Barstool Sports | Jan 22, 2026
|
|
Canadian Fintech Tuhk Inc., Founded by Ethoca and NuData Security Veterans, Raises US$6 Million Seed Round Led by FINTOP, with Lloyds Banking Group and Capital One Ventures | Jan 22, 2026
|
|
The New Identity Theft Crisis: AI Scams, Child Victims, and Credit Damage Are All Spiking | Jan 22, 2026
|
|
Fintech Startup BON Credit Secures $3.5 Million In Funding | Jan 22, 2026
|
|
Darwin CX Caps a Banner Year with AI Launch, Sold-Out Events, and Industry Book Launch | Jan 22, 2026
|
|
Young Adult Sports Fiction Debut Featured in LibraryBub Selection for January | Jan 22, 2026
|
|
IoTeX Publishes MiCA-Compliant Whitepaper for IOTX, Enabling EU-Wide Alignment Under the New Regulatory Framework | Jan 22, 2026
|
|
|
|
