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