Point-of-Sale Installment Loans: The U.S. Market and International Perspectives, with COVID-19 Market Impact Assessment

Point-of-Sale Installment Loans: The U.S. Market and International Perspectives, with COVID-19 Market Impact Assessment

Consumer credit is a multi-trillion dollar industry in the U.S., with point-of-sale (POS) installment finance (also called “buy-now, pay-later”) subsumed under the financial results reporting category of "personal loans." This report slices out POS installment loans from their parent category, providing U.S. market size estimates for 2015 vs. 2020, as well as year-by-year projections through 2025. These projections are cast in terms of the anticipated economic and credit policy impact of a coronavirus pandemic-triggered economic contraction.

While focusing on the point-of-sale installment loan industry in the U.S., this report also covers the wider context on POS financing in Asian, European, and Latin American countries.

Point-of-Sale Installment Loans: The U.S. Market and International Perspectives, with COVID-19 Market Impact Assessment reviews current consumer borrowing behaviors; strategic positioning initiatives by financial technology companies (fintechs), banks, card issuers and card networks; and the cross-border roll-out of those initiatives across product categories and commerce platforms. It also analyzes each of the principal business models in the industry, examining the potential viability of each model as more players join and bring their own marketing messages, merchant partnerships, revenue models, and targeted consumer cohorts. It provides a complete industry context for POS installment lending, an assessment of the strategies and success of extant and new participants in the sector, and a detailed analysis of the opportunities and challenges to those entering or competing in this fintech sector.