According to PayNXT360, BNPL payment market in South Korea is expected to grow by 25.2% on annual basis to reach US$1,110.0 million in 2026. The buy now pay later market in the country has experience...
According to PayNXT360, BNPL payment market in South Korea is expected to grow by 25.2% on annual basis to reach US$1,110.0 million in 2026. The buy now pay later market in the country has experienced robust growth during 2022-2025, achieving a CAGR of 28.4%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 20.8% from 2026-2031. By the end of 2031, the BNPL sector is projected to expand from its 2025 value of USD 886.3 million to approximately USD 2,855.2 million. Key Trends and Drivers 1. Consumers expand BNPL usage as budgets tighten and ecommerce penetration deepens • South African consumers are increasingly using instalment-based payments to manage short-term cash flow pressures. Retailers such as Takealot, Mr Price, and Superbalist continue to offer BNPL options through partners like Payflex and ZeroPay, especially for apparel, electronics, and lifestyle categories. The trend is visible in both online and in-store environments, with BNPL becoming a common alternative to store credit and traditional lay-by structures. • Household budgets remain under pressure due to persistently high inflation in food, transport, and utilities, which is driving demand for predictable instalment plans. Growth in e-commerce adoption, supported by platforms including Shoprite’s Sixty60, Pick'n Pay asap, and Takealot, is pushing more consumers into digital payment journeys where BNPL is embedded. Retailers are promoting BNPL at checkout to lift conversion without assuming credit risk themselves. • BNPL usage is likely to expand into broader retail categories, including homeware and small appliances. Adoption may stabilise among middle-income groups but increase among younger and first-credit customers, shifting BNPL into a mainstream payment behaviour. 2. Banks and credit providers strengthen regulated instalment models • Major South African banks are formalising their presence in short-term instalment credit by enhancing card-linked payment plans and revolving credit alternatives. Standard Bank, FNB, Absa, and Nedbank have increased visibility of buy-now-pay-later-style instalments within their mobile apps, allowing consumers to convert card purchases into structured repayment plans. • Regulatory scrutiny around unsecured lending and affordability assessments encourages the adoption of models already governed by the National Credit Act. Banks are leveraging their risk models, access to existing account data, and strong distribution via digital banking apps. Retailers are open to bank-linked partnerships because these reduce compliance responsibilities and streamline settlement. • Bank-driven instalment models will likely capture share from standalone fintech BNPL providers, especially in higher-ticket categories. The market will shift toward a hybrid BNPL fintech front-end with bank underwriting as regulatory expectations tighten further. 3. Retailers integrate BNPL deeper into omnichannel strategies • Leading retailers are embedding BNPL at multiple touchpoints online, mobile app, and in-store point of sale. Massmart, Cape Union Mart, Woolworths, and apparel chains continue expanding integrations with Payflex, ZeroPay, and other instalment services to support cross-channel fulfilment and drive basket conversion. • Retailers are prioritising payment flexibility amid high cart abandonment, especially in discretionary categories. Omnichannel investments (click-and-collect, app-based promotions, store-to-door fulfilment) create more checkout opportunities where BNPL can be surfaced. BNPL plays a role in customer acquisition as retailers compete for spend among value-conscious consumers. • BNPL is expected to become standard across most national retail chains in both the ecommerce and physical retail space. Merchants will increasingly negotiate multi-BNPL provider integrations or route BNPL through acquirers/PSPs to reduce operational load. 4. Fintech BNPL providers refine business models amid funding and regulatory constraints • Fintech BNPL players such as Payflex (a Global Payments company) and ZeroPay are reassessing product structures, merchant pricing models, and underwriting approaches to improve sustainability. Providers are diversifying into recurring-bill payments, in-store instalments, and partnerships with large ecommerce platforms. • Global capital flows into consumer-lending fintech have slowed, putting pressure on unit economics and cost of funds. Regulatory focus on responsible lending, affordability verification, and fee transparency encourages providers to shift toward lower-risk models. Merchants are more selective about BNPL partnerships, favouring providers with stable funding and operational continuity. • Consolidation or partnership-led expansion is likely, with a smaller number of BNPL providers maintaining broad coverage. Feature expansion beyond ecommerce utilities, education fees, and subscription services will gain traction as providers seek more predictable repayment behaviour. Competitive Landscape Competition is expected to shift toward regulated, bank-linked instalment models, while fintech BNPL providers emphasise omnichannel integration and selective merchant acquisition. Consolidation is likely as providers focus on sustainable credit risk frameworks. Banks will play a larger role, and BNPL will become a standardised feature across most retail sectors. Current State of the Market • BNPL in South Africa operates within a concentrated environment shaped by a mix of fintech providers, retailer-backed offerings, and banks expanding regulated instalment products. Competitive intensity is driven by merchant integrations in ecommerce, apparel, lifestyle retail, and electronics. • BNPL availability is now a standard feature on leading ecommerce platforms, with payment-service providers influencing distribution through embedded checkout options. Regulatory expectations under the National Credit Act indirectly shape competition, encouraging providers to collaborate with credit-licensed institutions for underwriting and funding. Key Players and New Entrants • Payflex, now under Global Payments, retains broad retail coverage across ecommerce and national chains. ZeroPay continues to expand its presence in the apparel and lifestyle categories through in-store and online integrations. Banks, including FNB, Standard Bank, Absa and Nedbank, are strengthening instalment capabilities through card-linked repayment plans embedded in mobile banking apps. Their presence is increasing competitive pressure on fintech BNPL models, especially for higher-ticket purchases. • New standalone BNPL entrants have been limited over the past 12 months due to funding constraints and regulatory compliance requirements, while merchant-specific instalment solutions have gained visibility within loyalty ecosystems. Recent Launches, Mergers, and Acquisitions • The most notable structural shift is Global Payments completed acquisition of Payflex, which supports deeper merchant integrations through Global Payments’ acquiring network. Retailers have expanded BNPL availability, with new integrations announced across fashion, homeware and electronics chains in 2024. • Banks have launched incremental features rather than entirely new products, such as enhancements to FNB’s and Standard Bank’s instalment conversion tools. Cross-sector partnerships, particularly between BNPL providers and ecommerce platforms, continue to expand, but no significant new BNPL-focused mergers or market exits have occurred recently. This report provides a detailed data-centric analysis of the Buy Now Pay Later (BNPL) industry in South Korea, covering market opportunities and risks across a range of retail categories. With over 90+ KPIs at the country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics. It breaks down market opportunities by type of business model, sales channels (offline and online), and distribution models. In addition, it provides a snapshot of consumer behaviour and retail spending dynamics. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics. PayNXT360’s research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view of emerging business and investment market opportunities.
This report provides in-depth, data-centric analysis of Buy Now Pay Later industry in South Africa through 58 tables and 82 charts. Below is a summary of key market segments: South Africa Retail Industry & Ecommerce Market Size and Forecast -- Retail Industry – Spend Value Trend Analysis -- Buy Now Pay Later Share of Retail Industry -- Ecommerce – Spend Value Trend Analysis -- Buy Now Pay Later Share of Ecommerce South Africa Buy Now Pay Later Market Size and Industry Attractiveness -- Gross Merchandise Value Trend Analysis -- Average Value Per Transaction Trend Analysis -- Transaction Volume Trend Analysis -- Market Share Analysis by Key Players South Africa Buy Now Pay Later Revenue Analysis -- Buy Now Pay Later Revenues -- Buy Now Pay Later Share by Revenue Segments -- Buy Now Pay Later Revenue by Merchant Commission -- Buy Now Pay Later Revenue by Missed Payment Fee Revenue -- Buy Now Pay Later Revenue by Pay Now & Other Income South Africa Buy Now Pay Later Operational KPIs -- Buy Now Pay Later Active Consumer Base -- Buy Now Pay Later Bad Debt South Africa Buy Now Pay Later Spend Analysis by Business Model -- Two-Party Business Model -- Third-Party Business Model South Africa Buy Now Pay Later Spend Analysis by Purpose -- Convenience -- Credit South Africa Buy Now Pay Later Spend Analysis by Merchant Ecosystem -- Open Loop System -- Closed Loop System South Africa Buy Now Pay Later Spend Analysis by Distribution Model -- Standalone -- Banks & Payment Service Providers -- Marketplaces South Africa Buy Now Pay Later Spend Analysis by Channel -- Online Channel -- POS Channel South Africa Buy Now Pay Later By End-Use Sector: Market Size and Forecast -- Retail Shopping -- Home Improvement -- Travel -- Media and Entertainment -- Services -- Automotive -- Health Care and Wellness -- Others South Africa Buy Now Pay Later By Retail Product Category: Market Size and Forecast -- Apparel, Footwear & Accessories -- Consumer Electronics -- Toys, Kids, and Babies -- Jewelry -- Sporting Goods -- Entertainment & Gaming -- Other South Africa Buy Now Pay Later Analysis by Consumer Attitude and Behaviour -- Spend Share by Age Group -- Spend Share by Default Rate by Age Group -- Spend Share by Income -- Gross Merchandise Value Share by Gender -- Adoption Rationale -- Spend by Monthly Expense Segments -- Average Number of Transactions per User Annually -- BNPL Users as a Percentage of Total Adult Population
• Strategic and Innovation Insights: Gain clarity on the future direction of South Africa's Buy Now Pay Later market by analysing strategic initiatives, business model evolution, and innovation-led approaches adopted by key BNPL providers to strengthen market positioning. • Comprehensive Understanding of BNPL Market Dynamics in South Africa: Assess market size, growth outlook, and structural shifts across retail and e-commerce, supported by detailed segmentation by channel, business model, distribution model, merchant ecosystem, end-use sector, and consumer demographics, underpinned by 90+ KPIs. • Value and Volume-Based KPIs for Market Accuracy: Leverage a robust set of value and volume KPIs, including GMV, average transaction value, transaction volume, active users, revenue, and bad debt, to develop a precise understanding of BNPL adoption, usage intensity, and market maturity. • Competitive Landscape Assessment: Obtain a clear snapshot of the BNPL competitive landscape in South Africa, including market share analysis of leading providers, enabling informed benchmarking and evaluation of market concentration and competitive intensity. • Actionable Inputs for Market Entry and Expansion Strategies: Identify high-growth categories, priority end-use sectors, and distribution channels to fine-tune go-to-market and partnership strategies, while assessing key trends, regulatory considerations, and risk factors shaping the BNPL ecosystem. • In-Depth Consumer Behaviour Analysis: Enhance ROI by understanding evolving consumer attitudes and spending behaviour, with insights into BNPL adoption drivers, usage frequency, income and age-based usage patterns, gender splits, and monthly expense segmentation.
1. About this Report 1.1 Summary 1.2 Methodology 1.3 Definition 1.4 Disclaimer 2. South Africa Retail Industry & Ecommerce Market Size and Forecast 2.1 South Africa Retail Industry – Spend Value Trend Analysis, 2022-2031 2.2 South Africa Buy Now Pay Later Share of Retail Industry, 2022-2031 2.3 South Africa Ecommerce – Spend Value Trend Analysis, 2022-2031 2.4 South Africa Buy Now Pay Later Share of Ecommerce, 2022-2031 3. South Africa Buy Now Pay Later Industry Attractiveness 3.1 South Africa Buy Now Pay Later – Gross Merchandise Value Trend Analysis, 2022-2031 3.2 South Africa Buy Now Pay Later – Average Value Per Transaction Trend Analysis, 2022-2031 3.3 South Africa Buy Now Pay Later – Transaction Volume Trend Analysis, 2022-2031 3.4 South Africa Buy Now Pay Later Market Share Analysis by Key Players, 2025 4. South Africa Buy Now Pay Later Operational KPIs 4.1 Buy Now Pay Later Revenues, 2022-2031 4.2 Buy Now Pay Later Share by Revenue Segments 4.2.1 Buy Now Pay Later Revenue by Merchant Commission, 2022-2031 4.2.2 Buy Now Pay Later Revenue by Missed Payment Fee Revenue, 2022-2031 4.2.3 Buy Now Pay Later Revenue by Pay Now & Other Income, 2022-2031 4.3 Buy Now Pay Later Active Consumer Base, 2022-2031 4.4 Buy Now Pay Later Bad Debt, 2022-2025-2031 5. Buy Now Pay Later Spend Analysis by Business Model, 2022-2031 5.1 Buy Now Pay Later Two-Party Business Model, 2022-2031 5.2 Buy Now Pay Later Third-Party Business Model, 2022-2031 6. Buy Now Pay Later Spend Analysis by Purpose, 2022-2031 6.1 Buy Now Pay Later Convenience, 2022-2031 6.2 Buy Now Pay Later Credit, 2022-2031 7. Buy Now Pay Later Spend Analysis by Merchant ecosystem, 2022-2031 7.1 Buy Now Pay Later by Open loop system, 2022-2031 7.2 Buy Now Pay Later by Closed loop system, 2022-2031 8. Buy Now Pay Later Spend Analysis by Distribution Model, 2022-2031 8.1 Buy Now Pay Later by Standalone, 2022-2031 8.2 Buy Now Pay Later by Banks & Payment Service Providers, 2022-2031 8.3 Buy Now Pay Later by Marketplaces, 2022-2031 9. South Africa Buy Now Pay Later Spend Analysis by Channel 9.1 Buy Now Pay Later Market Share by Channel, 2022-2031 9.2 Buy Now Pay Later Online Channel Market Size and Forecast, 2022-2031 9.3 Buy Now Pay Later POS Channel Market Size and Forecast, 2022-2031 10. South Africa Buy Now Pay Later Snapshot by End-Use Sector 10.1 Buy Now Pay Later Market Share by End-Use Sector, 2025 10.2 Buy Now Pay Later Sales Uplift by End-Use Segment, 2025 11. South Africa Buy Now Pay Later in Retail Shopping: Market Size and Forecast, 2022-2031 11.1 South Africa Buy Now Pay Later Retail Shopping – Gross Merchandise Value Trend Analysis, 2022-2031 11.2 South Africa Buy Now Pay Later Retail Shopping – Average Value Per Transaction Trend Analysis, 2022-2031 11.3 South Africa Buy Now Pay Later Retail Shopping – Transaction Volume Trend Analysis, 2022-2031 12. South Africa Buy Now Pay Later Market Size and Forecast by Retail Product Categories 12.1 Buy Now Pay Later Share by Retail Product Category, 2025 12.2 South Africa Buy Now Pay Later by Retail Product Categories – Average Order Value Trend Analysis, 2025 12.3 South Africa Buy Now Pay Later Retail Shopping - Apparel, Footwear & Accessories – Gross Merchandise Value Trend Analysis, 2022-2031 12.4 South Africa Buy Now Pay Later Retail Shopping - Consumer Electronics – Gross Merchandise Value Trend Analysis, 2022-2031 12.5 South Africa Buy Now Pay Later Retail Shopping - Toys, Kids, and Babies – Gross Merchandise Value Trend Analysis, 2022-2031 12.6 South Africa Buy Now Pay Later Retail Shopping - Jewellery – Gross Merchandise Value Trend Analysis, 2022-2031 12.7 South Africa Buy Now Pay Later Retail Shopping - Sporting Goods – Gross Merchandise Value Trend Analysis, 2022-2031 12.8 South Africa Buy Now Pay Later Retail Shopping - Entertainment & Gaming – Gross Merchandise Value Trend Analysis, 2022-2031 12.9 South Africa Buy Now Pay Later Retail Shopping - Others – Gross Merchandise Value Trend Analysis, 2022-2031 13. South Africa Buy Now Pay Later in Home Improvement: Market Size and Forecast, 2022-2031 13.1 South Africa Buy Now Pay Later Home Improvement – Gross Merchandise Value Trend Analysis, 2022-2031 13.2 South Africa Buy Now Pay Later Home Improvement – Average Value Per Transaction Trend Analysis, 2022-2031 13.3 South Africa Buy Now Pay Later Home Improvement – Transaction Volume Trend Analysis, 2022-2031 14. South Africa Buy Now Pay Later in Travel: Market Size and Forecast, 2022-2031 14.1 South Africa Buy Now Pay Later Travel – Gross Merchandise Value Trend Analysis, 2022-2031 14.2 South Africa Buy Now Pay Later Travel – Average Value Per Transaction Trend Analysis, 2022-2031 14.3 South Africa Buy Now Pay Later Travel – Transaction Volume Trend Analysis, 2022-2031 15. South Africa Buy Now Pay Later in Media & Entertainment: Market Size and Forecast, 2022-2031 15.1 South Africa Buy Now Pay Later Service – Gross Merchandise Value Trend Analysis, 2022-2031 15.2 South Africa Buy Now Pay Later Media & Entertainment – Average Value Per Transaction Trend Analysis, 2022-2031 15.3 South Africa Buy Now Pay Later Media & Entertainment – Transaction Volume Trend Analysis, 2022-2031 16. South Africa Buy Now Pay Later in Service: Market Size and Forecast, 2022-2031 16.1 South Africa Buy Now Pay Later Service – Gross Merchandise Value Trend Analysis, 2022-2031 16.2 South Africa Buy Now Pay Later Service – Average Value Per Transaction Trend Analysis, 2022-2031 16.3 South Africa Buy Now Pay Later Service – Transaction Volume Trend Analysis, 2022-2031 17. South Africa Buy Now Pay Later in Automotive: Market Size and Forecast, 2022-2031 17.1 South Africa Buy Now Pay Later Automotive – Gross Merchandise Value Trend Analysis, 2022-2031 17.2 South Africa Buy Now Pay Later Automotive – Average Value Per Transaction Trend Analysis, 2022-2031 17.3 South Africa Buy Now Pay Later Automotive – Transaction Volume Trend Analysis, 2022-2031 18. South Africa Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast, 2022-2031 18.1 South Africa Buy Now Pay Later Healthcare and Wellness – Gross Merchandise Value Trend Analysis, 2022-2031 18.2 South Africa Buy Now Pay Later Healthcare and Wellness – Average Value Per Transaction Trend Analysis, 2022-2031 18.3 South Africa Buy Now Pay Later Healthcare and Wellness – Transaction Volume Trend Analysis, 2022-2031 19. South Africa Buy Now Pay Later in Others: Market Size and Forecast, 2022-2031 19.1 South Africa Buy Now Pay Later Others – Gross Merchandise Value Trend Analysis, 2022-2031 19.2 South Africa Buy Now Pay Later Others – Average Value Per Transaction Trend Analysis, 2022-2031 19.3 South Africa Buy Now Pay Later Others – Transaction Volume Trend Analysis, 2022-2031 20. South Africa Buy Now Pay Later Analysis by Consumer Attitude and Behaviour 20.1 Buy Now Pay Later Spend Share by Age Group, 2025 20.1.1 South Africa Buy Now Pay Later by Age Group – Gen Z (15-27) – Gross Merchandise Value Trend Analysis, 2022-2031 20.1.2 South Africa Buy Now Pay Later by Age Group – Millennials (28–44) – Gross Merchandise Value Trend Analysis, 2022-2031 20.1.3 South Africa Buy Now Pay Later by Age Group – Gen X (45 – 60) – Gross Merchandise Value Trend Analysis, 2022-2031 20.1.4 South Africa Buy Now Pay Later by Age Group – Baby Boomers (60+) – Gross Merchandise Value Trend Analysis, 2022-2031 20.2 Buy Now Pay Later Spend Share by Default Rate by Age Group, 2025 20.3 Buy Now Pay Later Share by Income, 2025 20.3.1 South Africa Buy Now Pay Later by Income Level – Tier 1 – Gross Merchandise Value Trend Analysis, 2022-2031 20.3.2 South Africa Buy Now Pay Later by Income Level – Tier 2 – Gross Merchandise Value Trend Analysis, 2022-2031 20.3.3 South Africa Buy Now Pay Later by Income Level – Tier 3 – Gross Merchandise Value Trend Analysis, 2022-2031 20.4 Buy Now Pay Later Gross Merchandise Value Share by Gender, 2025 20.5 Buy Now Pay Later Adoption Rationale, 2025 20.6 South Africa Buy Now Pay Later Market – Spend by Monthly Expense Segments, 2025 20.7 South Africa Buy Now Pay Later – Average Number of Transactions per User Annually, 2025 20.8 South Africa Buy Now Pay Later Users as a Percentage of Total Adult Population, 2025 21. Further Reading 21.1 About PayNXT360 21.2 Related Research
Table 1: South Africa Retail Industry – Spend Value (US$), 2022-2031 Table 2: South Africa Ecommerce Spend Value (US$), 2022-2031 Table 3: South Africa Buy Now Pay Later – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 4: South Africa Buy Now Pay Later – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Table 5: South Africa Buy Now Pay Later – Transaction Volume Trend Analysis (Thousand), 2022-2031 Table 6: South Africa Buy Now Pay Later – Revenues (US$ Million), 2022-2031 Table 7: South Africa Buy Now Pay Later – Merchant Commission (US$ Million), 2022-2031 Table 8: South Africa Buy Now Pay Later – Missed Payment Fee Revenue (US$ Million), 2022-2031 Table 9: South Africa Buy Now Pay Later Pay Now & Other Income (US$ Million), 2022-2031 Table 10: South Africa Buy Now Pay Later – Active Consumer Base (Thousand), 2022-2031 Table 11: South Africa Buy Now Pay Later – Bad Debt (US$ Million), 2022-2025-2031 Table 12: South Africa Buy Now Pay Later – Two-party Business Model (US$ Million), 2022-2031 Table 13: South Africa Buy Now Pay Later – Third-Party Business Model (US$ Million), 2022-2031 Table 14: South Africa Buy Now Pay Later – Convenience (US$ Million), 2022-2031 Table 15: South Africa Buy Now Pay Later – Credit (US$ Million), 2022-2031 Table 16: South Africa Buy Now Pay Later – Open loop system (US$ Million), 2022-2031 Table 17: South Africa Buy Now Pay Later – Closed loop system (US$ Million), 2022-2031 Table 18: South Africa Buy Now Pay Later – Standalone (US$ Million), 2022-2031 Table 19: South Africa Buy Now Pay Later – Banks & Payment Service Providers (US$ Million), 2022-2031 Table 20: South Africa Buy Now Pay Later – Marketplaces (US$ Million), 2022-2031 Table 21: South Africa Buy Now Pay Later – Gross Merchandise Value by Online Channel (US$ Million), 2022-2031 Table 22: South Africa Buy Now Pay Later – Gross Merchandise Value by POS Channel (US$ Million), 2022-2031 Table 23: South Africa Buy Now Pay Later Retail Shopping – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 24: South Africa Buy Now Pay Later Retail Shopping – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Table 25: South Africa Buy Now Pay Later Retail Shopping – Transaction Volume Trend Analysis (Thousand), 2022-2031 Table 26: South Africa Buy Now Pay Later Retail Shopping - Apparel, Footwear & Accessories – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 27: South Africa Buy Now Pay Later Retail Shopping - Consumer Electronics – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 28: South Africa Buy Now Pay Later Retail Shopping - Toys, Kids, and Babies – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 29: South Africa Buy Now Pay Later Retail Shopping - Jewelry – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 30: South Africa Buy Now Pay Later Retail Shopping - Sporting Goods – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 31: South Africa Buy Now Pay Later Retail Shopping - Entertainment & Gaming – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 32: South Africa Buy Now Pay Later Retail Shopping - Others – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 33: South Africa Buy Now Pay Later Home Improvement – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 34: South Africa Buy Now Pay Later Home Improvement – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Table 35: South Africa Buy Now Pay Later Retail Shopping Home Improvement – Transaction Volume Trend Analysis (Thousand), 2022-2031 Table 36: South Africa Buy Now Pay Later Travel – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 37: South Africa Buy Now Pay Later Travel – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Table 38: South Africa Buy Now Pay Later Travel – Transaction Volume Trend Analysis (Thousand), 2022-2031 Table 39: South Africa Buy Now Pay Later Media & Entertainment – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 40: South Africa Buy Now Pay Later Media & Entertainment– Average Value Per Transaction Trend Analysis (US$), 2022-2031 Table 41: South Africa Buy Now Pay Later Media & Entertainment – Transaction Volume Trend Analysis (Thousand), 2022-2031 Table 42: South Africa Buy Now Pay Later Service – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 43: South Africa Buy Now Pay Later Service– Average Value Per Transaction Trend Analysis (US$), 2022-2031 Table 44: South Africa Buy Now Pay Later Service – Transaction Volume Trend Analysis (Thousand), 2022-2031 Table 45: South Africa Buy Now Pay Later Automotive – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 46: South Africa Buy Now Pay Later Automotive – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Table 47: South Africa Buy Now Pay Later Automotive – Transaction Volume Trend Analysis (Thousand), 2022-2031 Table 48: South Africa Buy Now Pay Later Healthcare and Wellness – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 49: South Africa Buy Now Pay Later Healthcare and Wellness – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Table 50: South Africa Buy Now Pay Later Healthcare and Wellness – Transaction Volume Trend Analysis (Thousand), 2022-2031 Table 51: South Africa Buy Now Pay Later Others – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 52: South Africa Buy Now Pay Later Others – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Table 53: South Africa Buy Now Pay Later Others – Transaction Volume Trend Analysis (Thousand), 2022-2031 Table 54: South Africa Total Gift Spend Analysis (US$ Million), 2022-2031 Table 55: South Africa Buy Now Pay Later by Age Group – Millennials (28–44) – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 56: South Africa Buy Now Pay Later by Age Group – Gen X (45 – 60) – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 57: South Africa Buy Now Pay Later by Age Group – Baby Boomers (60+) – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 58: South Africa Buy Now Pay Later by Income Level – Tier 1 – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 59: South Africa Buy Now Pay Later by Income Level – Tier 2 – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Table 60: South Africa Buy Now Pay Later by Income Level – Tier 3 – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031
Figure 1: PayNXT360’s Methodology Framework Figure 2: South Africa Retail Industry – Spend Value (US$), 2022-2031 Figure 3: South Africa Buy Now Pay Later Share of Retail Industry (%), 2022-2031 Figure 4: South Africa Ecommerce – Spend Value (US$), 2022-2031 Figure 5: South Africa Buy Now Pay Later Share of Ecommerce, 2022-2031 Figure 6: South Africa Buy Now Pay Later – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 7: South Africa Buy Now Pay Later – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Figure 8: South Africa Buy Now Pay Later – Transaction Volume Trend Analysis (Thousand), 2022-2031 Figure 9: South Africa Buy Now Pay Later – Market Share Analysis by Key Players (%), 2025 Figure 10: South Africa Buy Now Pay Later – Revenues (US$ Million), 2022-2031 Figure 11: Buy Now Pay Later Share - Revenue Segments (%), 2022-2031 Figure 12: South Africa Buy Now Pay Later – Merchant Commission (US$ Million), 2022-2031 Figure 13: South Africa Buy Now Pay Later – Missed Payment Fee Revenue (US$ Million), 2022-2031 Figure 14: South Africa Buy Now Pay Later Pay Now & Other Income (US$ Million), 2022-2031 Figure 15: South Africa Buy Now Pay Later – Active Consumer Base (Thousand), 2022-2031 Figure 16: South Africa Buy Now Pay Later – Bad Debt (US$ Million), 2022-2025-2031 Figure 17: South Africa Buy Now Pay Later Spend Analysis by Business Model (%), 2022-2031 Figure 18: South Africa Buy Now Pay Later – Two-party Business Model (US$ Million), 2022-2031 Figure 19: South Africa Buy Now Pay Later – Third-Party Business Model (US$ Million), 2022-2031 Figure 20: South Africa Buy Now Pay Later Spend Analysis by Purpose (%), 2022-2031 Figure 21: South Africa Buy Now Pay Later – Convenience (US$ Million), 2022-2031 Figure 22: South Africa Buy Now Pay Later – Credit (US$ Million), 2022-2031 Figure 23: South Africa Buy Now Pay Later Spend Analysis by Merchant Ecosystem (%), 2022-2031 Figure 24: South Africa Buy Now Pay Later – Open loop system (US$ Million), 2022-2031 Figure 25: South Africa Buy Now Pay Later – Closed loop system (US$ Million), 2022-2031 Figure 26: South Africa Buy Now Pay Later Spend Analysis by Distribution Model (%), 2022-2031 Figure 27: South Africa Buy Now Pay Later – Standalone (US$ Million), 2022-2031 Figure 28: South Africa Buy Now Pay Later – Banks & Payment Service Providers (US$ Million), 2022-2031 Figure 29: South Africa Buy Now Pay Later – Marketplaces (US$ Million), 2022-2031 Figure 30: South Africa Buy Now Pay Later – Gross Merchandise Value Market Share by Channel (%), 2022-2031 Figure 31: South Africa Buy Now Pay Later – Gross Merchandise Value by Online Channel (US$ Million), 2022-2031 Figure 32: South Africa Buy Now Pay Later – Gross Merchandise Value by POS Channel (US$ Million), 2022-2031 Figure 33: South Africa Buy Now Pay Later – Market Share by End-Use Sector (%), 2025 Figure 34: South Africa Buy Now Pay Later – Market Share by End-Use Segment (%), 2025 Figure 35: South Africa Buy Now Pay Later Retail Shopping – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 36: South Africa Buy Now Pay Later Retail Shopping – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Figure 37: South Africa Buy Now Pay Later Retail Shopping – Transaction Volume Trend Analysis (Thousand), 2022-2031 Figure 38: South Africa Buy Now Pay Later – Market Share by Retail Product Category (%), 2025 Figure 39: South Africa Buy Now Pay Later by Retail Product Categories – Average Order Value Trend Analysis (US$), 2025 Figure 40: South Africa Buy Now Pay Later Retail Shopping - Apparel, Footwear & Accessories – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 41: South Africa Buy Now Pay Later Retail Shopping - Consumer Electronics – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 42: South Africa Buy Now Pay Later Retail Shopping - Toys, Kids, and Babies – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 43: South Africa Buy Now Pay Later Retail Shopping - Jewelry– Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 44: South Africa Buy Now Pay Later Retail Shopping - Sporting Goods – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 45: South Africa Buy Now Pay Later Retail Shopping - Entertainment & Gaming – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 46: South Africa Buy Now Pay Later Retail Shopping - Others – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 47: South Africa Buy Now Pay Later Home Improvement – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 48: South Africa Buy Now Pay Later Home Improvement – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Figure 49: South Africa Buy Now Pay Later Home Improvement – Transaction Volume Trend Analysis (Thousand), 2022-2031 Figure 50: South Africa Buy Now Pay Later Travel – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 51: South Africa Buy Now Pay Later Travel – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Figure 52: South Africa Buy Now Pay Later Travel – Transaction Volume Trend Analysis (Thousand), 2022-2031 Figure 53: South Africa Buy Now Pay Later Service – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 54: South Africa Buy Now Pay Later Media & Entertainment – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Figure 55: South Africa Buy Now Pay Later Media & Entertainment – Transaction Volume Trend Analysis (Thousand), 2022-2031 Figure 56: South Africa Buy Now Pay Later Service – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 57: South Africa Buy Now Pay Later Service – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Figure 58: South Africa Buy Now Pay Later Service – Transaction Volume Trend Analysis (Thousand), 2022-2031 Figure 59: South Africa Buy Now Pay Later Automotive – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 60: South Africa Buy Now Pay Later Automotive – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Figure 61: South Africa Buy Now Pay Later Automotive – Transaction Volume Trend Analysis (Thousand), 2022-2031 Figure 62: South Africa Buy Now Pay Later Healthcare and Wellness – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 63: South Africa Buy Now Pay Later Healthcare and Wellness – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Figure 64: South Africa Buy Now Pay Later Healthcare and Wellness – Transaction Volume Trend Analysis (Thousand), 2022-2031 Figure 65: South Africa Buy Now Pay Later Others – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 66: South Africa Buy Now Pay Later Others – Average Value Per Transaction Trend Analysis (US$), 2022-2031 Figure 67: South Africa Buy Now Pay Later Others – Transaction Volume Trend Analysis (Thousand), 2022-2031 Figure 68: South Africa Buy Now Pay Later – Share by Age Group in Value Terms (%), 2025 Figure 69: South Africa Buy Now Pay Later by Age Group – Gen Z (15-27) – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 70: South Africa Buy Now Pay Later by Age Group – Millennials (28–44) – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 71: South Africa Buy Now Pay Later by Age Group – Gen X (45 – 60) – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 72: South Africa Buy Now Pay Later by Age Group – Baby Boomers (60+) – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 73: South Africa Buy Now Pay Later – Share by Default Rate by Age Group in Value Terms (%), 2025 Figure 74: South Africa Buy Now Pay Later – Share by Income Group in Value Terms (%), 2025 Figure 75: South Africa Buy Now Pay Later by Income Level – Tier 1 – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 76: South Africa Buy Now Pay Later by Income Level – Tier 2 – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 77: South Africa Buy Now Pay Later by Income Level – Tier 3 – Gross Merchandise Value Trend Analysis (US$ Million), 2022-2031 Figure 78: South Africa Buy Now Pay Later – Share by Gender in Value Terms (%), 2025 Figure 79: Buy Now Pay Later – Adoption Rationale by Value, 2025 Figure 80: South Africa Buy Now Pay Later – Average Monthly Expense Segments, 2025 Figure 81: South Africa Buy Now Pay Later – Average Number of Transactions per User Annually (No. of Transactions), 2025 Figure 82: South Africa Buy Now Pay Later Users as a Percentage of Total Adult Population (%), 2025
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