As technology evolves, so do consumer expectations. In our 2021 eCommerce Trends Report, we uncovered how online retail continues to evolve across Australia.
45% of Australians have made a Buy Now Pay Later purchase, and it’s Gen Y leading the charge with 65% making an average of 2.7 BNPL transactions a month.1
Here's what you need to know
The percentage of Australians who have or would consider using BNPL rises dramatically to 64% when it’s for an online sales event like Boxing Day or Black Friday. And again, it’s Gen Y pushing for instalments, with 4 in 5 (81%) seeking BNPL on sales.
And that preference is growing with Australians increasingly viewing sales as the norm. We rarely, if ever, pay full price. With 67% of Australians always looking for sales or discount codes. Even when in store, 40% of us check online prices to make sure we’re getting the best deal.
Find out what your customers are expecting from you with the PayPal 2021 eCommerce Trends Report.
Download Now1 PayPal eCommerce Trends Report 2021