Retailers Say BNPL Boosts Sales, Consumers Say It Keeps Them Coming Back

The Merchant's Guide To BNPL's Revenue Boost

More than half of luxury and specialty store shoppers are very likely to switch merchants if they don’t offer BNPL. In “Buy Now, Pay Later Tracker®,” a collaboration with Splitit, Boundless CEO Xiao Wang tells PYMNTS why offering BNPL can benefit the business that implements it just as much as it benefits its customers.

Inside the November Tracker

An interview with Xiao Wang, co-founder and CEO of immigration services startup Boundless, about how BNPL helps the companies that implement it
Forty-six percent of department store shoppers say they would switch to another retailer if it meant being able to leverage BNPL payment options
While merchants benefit from higher conversation rates, some obstacles may be a disincentive for some shoppers