Consumer Preference Towards Buy Now, Pay Later (BNPL) Schemes in Online Shopping

The rise of e-commerce has led to the increasing adoption of digital payment solutions, with Buy Now, Pay Later (BNPL) schemes emerging as a popular alternative to traditional credit options. BNPL allows consumers to make purchases instantly and defer payments in interest-free installments, enhancing affordability and convenience. This study explores consumer preferences towards BNPL services in online shopping, analyzing key factors influencing adoption, such as convenience, financial flexibility, trust, and risk perception. This research contributes to the understanding of emerging payment trends, offering valuable implications for businesses, policymakers, and financial institutions in the digital commerce ecosystem.

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Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-03-30
DOI
https://doi.org/10.5281/zenodo.15532458
Primary Topic
Psychometric Methodologies and Testing
Type
article
Field-Weighted Citation Impact
0.00
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article

Consumer Preference Towards Buy Now, Pay Later (BNPL) Schemes in Online Shopping

Zenodo (CERN European Organization for Nuclear Research)
Psychometric Methodologies and Testing
article

Consumer Preference Towards Buy Now, Pay Later (BNPL) Schemes in Online Shopping

article en

Abstract

The rise of e-commerce has led to the increasing adoption of digital payment solutions, with Buy Now, Pay Later (BNPL) schemes emerging as a popular alternative to traditional credit options. BNPL allows consumers to make purchases instantly and defer payments in interest-free installments, enhancing affordability and convenience. This study explores consumer preferences towards BNPL services in online shopping, analyzing key factors influencing adoption, such as convenience, financial flexibility, trust, and risk perception. This research contributes to the understanding of emerging payment trends, offering valuable implications for businesses, policymakers, and financial institutions in the digital commerce ecosystem.

Zenodo (CERN European Organization for Nuclear Research)
G.S. Science, Arts And Commerce College (IN)
Openalex Percentile: Top 47%
Psychometric Methodologies and Testing
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