Seasonal BNPL Surge in South Africa: Consumers Turn to Flexible Payments After Bonuses and Ahead of Winter Spending
South African consumers are increasingly turning to Buy Now, Pay Later (BNPL) services during a surprising time of the year: just after receiving their annual bonuses. New insights from Payflex reveal that a significant share of BNPL purchases occurs in February and March, highlighting how consumers strategically use short-term financing tools to balance responsible debt […]