How consumer financing helps sales flourish for online fashion retailers.

May 13 2020 | PayPal editorial staff

Buying power is always in style. PayPal Credit U.S. customers spend 22% more when fashion retailers promote PayPal Credit on their online stores.

The content of this article is provided for informational purposes only. You should always obtain independent business, tax, financial, and legal advice before making any business decision.
1 Forrester. Ecommerce Will Account For 36% Of Global Fashion Retail Sales By 2022. November 13, 2018.
2 CouponFollow. Millennial Shopping Report 2019. March 19, 2019.
3 thredUP. Ushering in a Green 2019: Consumer Resolve to Be Less Wasteful this New Year. January 3, 2019.
4 Nielsen. Was 2018 the Year of the Influential Sustainable Consumer? December 17, 2018.
5 Alter Agents. Millennial shopping behaviors uncovered by new research. March 2018.
6 PYMNTS.com Connected Consumer: How Consumers Shop and Buy Clothes. May 2018.
7 Money Under 30. Millennials Unsatisfied With Their Finances, But Remain Ever Optimistic. September 2018.
8 PayPal Credit is subject to consumer credit approval in the U.S. PayPal Credit product features and availability vary by region.
9 Average order value of PayPal Credit transactions vs. PayPal transactions using 2018 PayPal internal data among fashion retailers.
10 Average order value of PayPal Credit transactions with a PayPal Credit button and/or message vs. those without using 2018 PayPal internal data among fashion retailers.
11 Based on PayPal's analysis of 2018 internal data for fashion industry businesses.

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