Market Share of US Buy Now Pay Later Services Industry
Despite improvements in the availability of better products and services in the BNPL market, there exists competition between the BNPL and credit card markets, with both trying to increase their market shares and be a part of customer payment methods to generate their revenues. However, BNPL's characteristics, such as accessibility to all classes of the population, no interest payment, or no additional charge when installments are made on time, make it more attractive than credit cards. It has major players; Afterpay, affirm, klarna, American Express and Pay Pal
US Buy Now Pay Later Services Market Leaders
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Afterpay
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affirm
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klarna
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American Express
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Pay Pal
*Disclaimer: Major Players sorted in no particular order
