Usage of the flexible payment method hit an all-time high on Cyber Monday, driving $1.03 billion in online spend (up 4.2% YoY), as consumers looked for greater flexibility in managing their holiday budgets. The vast majority of BNPL transactions are happening on a mobile device as well, at 79.4% share on Cyber Monday (vs. desktop). In an Adobe survey of over 1,000 U.S. consumers (conducted Nov. 2025), respondents said they were most likely to use BNPL for electronics, apparel, toys, and furniture purchases.

Source: Adobe Analytics.

    • Holytimes@sh.itjust.works
      2·
      1 day ago

      There’s never any administration fees. The whole trick to buy now pay later is they’re making the money on two fronts, one just the interest rates of people who don’t pay back on time and typically they’ll just block you after the first instance and never do business with you again.

      So that’s not their primary money method cuz they rather not deal with that really. But it does bring them in some level of safety net.

      But they’re real money generator is they get a cut of the sales. It’s a commission service. So the seller say Amazon loses out, say 5% of the sale to the buy. Now pay later company because the buy now pay later. Company secure to sell that Amazon otherwise would not have had.

      So Amazon is losing a slight bit of money to make sure that more people are buying their goods by partnering with the by now pay later guys.

      That’s why the buy now pay layer deals are always so goods or it’s an interest. No admin fees, competitive interest rates almost always equal to most even decent credit cards at most banks and credit unions.

      Buy now pay later is a lot less scammy than you would think because they’re not scamming the consumer. They’re scamming the companies to make their money.

      And yeah if you do miss a payment, the interest rates in what not suck but late fees are usually like $5. And it’s usually a one-time offense and you’re outsworded deal. You f****** one loan with like karna and they just ban you and send you to collections.

      They’re not in a business of scamming consumers. It’s not worth the money when the real cash cow is those fat commissions.