An increasing number of shoppers are leaning on buy now, pay later services as inflation continues to erode household budgets, according to Adobe Analytics’ latest retail report.
A hefty number of them — are using it to foot the bill for groceries.
Within the first two months of 2023, the share of online purchases using such services, which help consumers pay over time, grew 10% year over year, according to Adobe Analytics.
Source: Fox Business