BNPL payment is recording strong growth in Vietnam

According to PayNXT360’s estimates, BNPL in-store sales are likely to post strong growth in 2021 owing to growing customer interest in flexible payment options and in-store expansion of BNPL payment....

Summary

According to PayNXT360’s estimates, BNPL in-store sales are likely to post strong growth in 2021 owing to growing customer interest in flexible payment options and in-store expansion of BNPL payment. In 2020, retailers faced store closures due to COVID-19 impacting their footfall and revenues. Though online spending exceeded in-store spending especially during COVID-19 but it hasn’t replaced the in-store experience. Moreover, the use of in-store BNPL appears to be higher and on the rise than online BNPL use.

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Report Details

Number Of Pages:	2
Published Date:	Jan 01,1970

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