Half of Holiday Shoppers Are More Likely to Complete Their Purchase With Buy Now, Pay Later Services
Half of holiday shoppers are more likely to complete their purchase if they can use buy now, pay later, according to a recent survey by PayPal (NASDA: PYPL). "PayPal data shows offering BNPL leads to a 91% higher average order value for enterprises and 62% higher for small businesses, meaning it isn’t just a nice-to-have, it’s a proven advantage to win,” PayPal General Manager of Small Business and Financial Services Michelle Gill said in a Oct. 22 statement announcing the survey results. PayPal is the m ...