What You Need to Know
BNPL usage hit an all-time high on Cyber Monday 2024, registering a spend of $991.2 million (a 5.5% year-over-year increase), according to Adobe Analytics data. The trend is in line with Splitit and PYMNTS research last November that found two-thirds of consumers plan to use BNPL payment options for gifting this holiday season (with 38% …