With PayPal reporting in early August that buy now, pay later (BNPL) usage surged 226% in the second quarter, it’s a strong indicator that installment credit is helping fuel a travel bump this year that’s maintained momentum despite inflation, and keeps branching out into new areas.
It’s been trending for over a year, but pent-up travel demand is a driving force.
“Vacation is at the very top of consumers’ BNPL wish lists,” “The Next BNPL Horizon: Expanding Access To High-Value…