Report overview
Installment payment and buy now pay later (BNPL) software facilitates a business? ability to offer customers the option to purchase products and services over time through a set number of regular payments. Businesses embed these solutions into their online store or integrate them with their invoicing software to offer flexible payment options. Because of the flexibility associated with installment payments, these solutions enable a business to potentially attract new customers and sell more high-priced items within their e-commerce store. This type of software can also benefit marketplace providers such as Etsy or eBay, which use BNPL to allow their sellers to receive installment payments.
These tools need to integrate with e-commerce platforms to provide options for installment payment at checkout and with payment gateways to process payments. Furthermore, all payment data needs to be transferred to financial systems, which requires integration with accounting software.
This report contains market size and forecasts of Installment Payment and Buy Now Pay Later (BNPL) Software in Global, including the following market information:
Global Installment Payment and Buy Now Pay Later (BNPL) Software Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global top five companies in 2022 (%)
The global Installment Payment and Buy Now Pay Later (BNPL) Software market was valued at US$ million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Cloud Based Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Installment Payment and Buy Now Pay Later (BNPL) Software include PayPal, GoCardless, Sezzle, Klarna, Afterpay, Affirm, Zip, Wisetack and Splitit, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Installment Payment and Buy Now Pay Later (BNPL) Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Installment Payment and Buy Now Pay Later (BNPL) Software Market, by Type, 2018-2023, 2023-2030 ($ millions)
Global Installment Payment and Buy Now Pay Later (BNPL) Software Market Segment Percentages, by Type, 2022 (%)
Cloud Based
On Premises
Global Installment Payment and Buy Now Pay Later (BNPL) Software Market, by Application, 2018-2023, 2023-2030 ($ millions)
Global Installment Payment and Buy Now Pay Later (BNPL) Software Market Segment Percentages, by Application, 2022 (%)
Large Enterprises
SMEs
Global Installment Payment and Buy Now Pay Later (BNPL) Software Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions)
Global Installment Payment and Buy Now Pay Later (BNPL) Software Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Installment Payment and Buy Now Pay Later (BNPL) Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Installment Payment and Buy Now Pay Later (BNPL) Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
PayPal
GoCardless
Sezzle
Klarna
Afterpay
Affirm
Zip
Wisetack
Splitit
Credit Key
FuturePay
ViaBill
Four Technologies
J2store
ExtendCredit.com
PayBright
EasyPay
Partial.ly
Alternative Finance
Behalf
Lon Operations
Brighte Capital Pty.
Cashew
Credova
Divido
equipifi
GeekHunter
Hokodo
Hoolah
Humm