Splitit - Buy Now, Pay Later - July/August 2022 - Learn why more affluent consumers are leveraging BNPL for cash management

71% of Affluent BNPL Users Increased Their Use in Last 12 Months

Buy Now, Pay Later Tracker® – July/August 2022

New data shows that 71% of BNPL users making more than $100,000 per year increased their use of BNPL in the last year. In the “Buy Now, Pay Later Tracker®,” a PYMNTS and Splitit collaboration, Dermadry’s Mathieu Mireault tells PYMNTS how affluent consumers are leveraging BNPL as a smarter way to manage their cash.

Inside the July/August Tracker

  • An interview with Mathieu Mireault, co-founder of Dermadry, about how BNPL is expanding to older, more affluent individuals and the benefits of this expansion when it comes to merchants’ bottom lines
  • The latest headlines from the BNPL payments space, including how 71% of surveyed consumers would like to use BNPL to pay for dental care and how Splitit is partnering with BlueSnap to expand BNPL reach to new verticals
  • An in-depth analysis of BNPL’s growing popularity for luxury items and how merchants can gain increased revenue by tapping into this expanding market

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