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Not just Gen Z: Here’s what the data says about BNPL users

Inside Retail

In the 2021-2022 financial year, data from the Reserve Bank of Australia suggests that there were 7 million active BNPL accounts in Australia worth $16 billion – about 37 per cent more than the previous financial year. In the survey of Australian shoppers, 42 per cent of respondents said they had used a BNPL service in the last 12 months.