Despite global scrutiny, BNPL is on the rise in Singapore. Here’s why
Inside Retail
JANUARY 10, 2023
He noted that the pandemic followed by surging inflation have adversely affected consumers’ disposable income, which is driving the demand for short-term financing, thereby benefiting BNPL service providers. “To Alternative payment tools, such as Apple Pay, PayPal and GrabPay, collectively account for a 37.9 per cent in 2021.
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