As shoppers look to get creative and seek flexibility to fund upcoming plans, the company also announces new card with American Express.
Notably, as consumers plan outings for Spring and Summer months, 56 percent also said they plan to spend money on clothing.
Particularly for Gen Z and Millennial consumers, survey findings indicated financing at check-out would drive more spring and summer activities. In fact, 55 percent of respondents reported they would do more activities like traveling, going to concerts and attending sporting events if BNPL were offered — the sentiment was higher for Gen Z at 65 percent and 70 percent for Millennials.
Still, the study found that affording travel costs up-front remains a challenge for most consumers and 27 percent of respondents said they have already turned down an upcoming summer activity because they couldn’t afford it. Younger generations that are determined to get out for travel said they would be willing to get a little creative to afford a trip.
The card offers users 2 percent cash back with no reward caps and no categories to manage along with no annual fees or foreign transaction fees. The card members will also have access to premium American Express offers and benefits.
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