
Buy Now, Pay Later in Asia/Pacific
Description
Buy Now, Pay Later in Asia/Pacific
This IDC Perspective explores the state of buy now, pay later (BNPL) in Asia/Pacific, its technology drivers, and recent regulatory moves. It also uncovers critical success factors and provides a guide for BNPL providers, merchants, and technology vendors to navigate this competitive market. BNPL, an interest-free installment payment product for online and retail purchases, had quickly gained popularity in the region, particularly among the younger segments."BNPL's innovation on retail payments is undoubtedly transformative, but its risks cannot be overlooked," says Adam Kamarul, Market Analyst, IDC Financial Insights. "Understanding the risk landscape is a crucial starting point for providers and technology partners to expand in this space and for regulators to ensure its inclusion benefits the financial ecosystem," he adds.
Please Note: Extended description available upon request.
Table of Contents
9 Pages
- Executive Snapshot
- Situation Overview
- BNPL Business Models
- How Does Asia/Pacific React to BNPL?
- Asia/Pacific's Key Focus in Regulating BNPL
- Technology Pillars: What Drives a Successful BNPL Strategy?
- Decisioning
- Data
- Streamlining Payments
- Security Measures
- Platform Enhancements
- Key Trends to Watch in 2023
- Consumer and Merchant Trends
- Rising Rates and Delinquencies
- Shifts in Credit Card Usage
- Merchant Product Strategy
- Regulatory Frameworks
- Regulations
- National Credit Ecosystem
- Open Banking
- Competitive Landscape
- Entry of Incumbents and Big Tech
- Entry of Payment Incumbents
- Consolidation
- Entry of Banking Providers
- Advice for the Technology Buyer
- Advice to Tech Sales Leaders
- Advice to Tech Marketing Leaders
- Learn More
- Related Research
- Synopsis
Pricing
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