Today in Data: BNPL Shows Its Resilience

Today in data, buy now, pay later (BNPL) transaction volumes are growing, suggesting the durability of this relatively new business model.

Data

12.7M: Number of active customers reported by BNPL company Affirm

10M: Amazon’s investment, in dollars, in EFG Hermes as part of its new BNPL offering in Egypt

207,000: Number of merchants using Affirm, up from 12,000 in 2021

53: Percentage of the growth in quarterly processing volume reported by Marqeta, driven partially by a rise in BNPL use

20+: Number of companies joining the Visa Ready for BNPL program