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 Gold Breaks Historic $2,500 Ceiling as Fed Rate Cut Looms READ MORE India's Central Bank Makes Largest Gold Purchase in Two Years, Boosting Reserves READ MORE From Pandemic to Recovery: Comparing Economic Performance Under Trump and Biden READ MORE Oxfam Report: Billionaire Fortunes Double Amidst Global Pandemic READ MORE China's $170 Billion Gold Accumulation Stirs Taiwan Conflict Fears READ MORE Add a Comment Cancel replyYour email address will not be published.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