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The Banking & Payments Show: BNPL—A look ahead in 2024 | Jan 9, 2024
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On the first podcast episode of the new year, we discuss what buy now, pay later's (BNPL’s) prospects will look like in 2024. • In our “Story by Numbers” segment, we focus on the outlook for BNPL by looking at growth by generation. • In “Headlines,” we examine data from Adobe Analytics that states BNPL purchases were up 43% on Cyber Monday compared with the previous year, and how the rise of BNPL use over the holidays has increased consumers' debt burden. • In “For Argument’s Sake,” we debate whether BNPL promotes good or bad behavior. Listen to the podcast with host Rob Rubin and our analysts Grace Broadbent and David Morris.
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Articles mentioned in this episode: https://www.reuters.com/markets/us/us-buy-now-pay-later-splurges-raise-holiday-debt-hangover-risk-2023-12-20/. https://www.cnn.com/2023/11/29/business/buy-now-pay-later-shopping/index.html
For a transcript of this episode click here:
https://www.insiderintelligence.com/content/podcast-banking-payments-show-bnpl-a-look-ahead-2024
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