[…] While there is some month-to-month variation, BNPL as consumers’ payment choice for their most recent digital transaction between January 2022 and January 2023 remained remarkably even. Its low use rate may be partially attributed to wide availability as payment choice. Merchants and retailers have only begun exploring incorporating BNPL into its cross-channel sales as part of a greater customer loyalty play. While some security concerns linger over host trustworthiness, bank-backed BNPL plans are gaining support by both consumers and merchants alike as financial institutions started the year with increased BNPL offerings. […]