From Luxuries to Groceries: The Evolving Landscape of Buy Now, Pay Later The trend of “buy now, pay later” (BNPL) has shifted from a niche financing option for big-ticket items to a commonplace method for managing daily expenses among younger consumers. Originally popular for splurges like concert tickets or vacations, it’s increasingly being used by Gen Z and millennials for routine purchases such as groceries, contact lenses, and household essentials. This shift is highlighted by the fact that individuals aged 35 and under make up over half of BNPL users, compared to their smaller representation among traditional credit card holders. The change in spending habits is also reflected in the types of products being financed through BNPL services, with apparel and accessories dropping to fourth place in popularity behind categories like travel, home, and garden, and hardware. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Mortgage Rate Decline Prompts Spike in Refinancing Applications READ MORE Gold Shines in Short-Term as Copper Holds Mid-Term Appeal, Deutsche Bank Survey Finds READ MORE Major Milestone for Crypto Markets — SEC Greenlights Bitcoin ETF READ MORE McDonald’s Reports Low-Income Consumers Struggling Amid Inflation READ MORE Pierre Andurand Predicts Copper Prices to Quadruple Amid Green Energy Boom READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment