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Strong Medium to Long Term Growth Backed by eCommerce

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Dublin, Feb. 13, 2023 (GLOBE NEWSWIRE) — The “Thailand Buy Now Pay Later Business and Investment Opportunities Databook – 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics – Q1 2023 Update” report has been added to ResearchAndMarkets.com’s offering.

The BNPL payment industry in Thailand has recorded strong growth over the last four quarters, supported by increased ecommerce penetration.

According to the publisher, BNPL payments in the country are expected to grow by 22.6% on an annual basis to reach US$3,575.2 million in 2023.

Medium to long term growth story of BNPL industry in Thailand remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 12.2% during 2023-2028. The BNPL Gross Merchandise Value in the country will increase from US$2,915.2 million in 2022…

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