Installment Payment and Buy Now Pay Later (BNPL) Software Market Set to Surge - Key Insights You Must Know

Installment Payment and Buy Now Pay Later (BNPL) Software Market Size

Software was valued at US$ 10630 million in the year 2024 and is projected to reach a revised size of US$ 82080 million by 2031, growing at a CAGR of 34.4% during the forecast period.

The global market for Installment Payment and Buy Now Pay Later (BNPL)

Installment payment and buy now pay later (BNPL) software facilitates a business' ability to offer customers the option to purchase products and services over time through a set number of regular payments. Businesses embed these solutions into their online store or integrate them with their invoicing software to offer flexible payment options. Because of the flexibility associated with installment payments, these solutions enable a business to potentially attract new customers and sell more high-priced items within their e-commerce store. This type of software can also benefit marketplace providers such as Etsy or eBay, which use BNPL to allow their sellers to receive installment payments.

These tools need to integrate with e-commerce platforms to provide options for installment payment at checkout and with payment gateways to process payments. Furthermore, all payment data needs to be transferred to financial systems, which requires integration with accounting software.

North American market for Installment Payment and Buy Now Pay Later (BNPL) Software is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

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Asia-Pacific market for Installment Payment and Buy Now Pay Later (BNPL) Software is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The global market for Installment Payment and Buy Now Pay Later (BNPL) Software in Large Enterprises is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of Installment Payment and Buy Now Pay Later (BNPL) Software include PayPal, GoCardless, Sezzle, Klarna, Afterpay, Affirm, Zip, Wisetack, Splitit, Credit Key, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Installment Payment and Buy Now Pay Later (BNPL) Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Installment Payment and Buy Now Pay Later (BNPL) Software.

The Installment Payment and Buy Now Pay Later (BNPL) Software market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Installment Payment and Buy Now Pay Later (BNPL) Software market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

By Type
• Cloud Based
• On Premises

By Application
• Large Enterprises
• SMEs

Key Companies
PayPal, GoCardless, Sezzle, Klarna, Afterpay, Affirm, Zip, Wisetack, Splitit, Credit Key, FuturePay, ViaBill, Four Technologies, J2store, ExtendCredit.com, PayBright, EasyPay, Partial.ly, Alternative Finance, Behalf, Lon Operations, Brighte Capital Pty., Cashew, Credova, Divido, equipifi, GeekHunter, Hokodo, Hoolah, Humm

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