Market modeling estimates that BNPL transactions in Canada would be about six percent higher in 2025 than in 2024. This is according to a market model released in the first quarter of 2025. Note that the source does not give further indications of what the figures provided here are based on. As buy now, pay later was unregulated in many countries across the world by early 2025, transaction figures on this payment method were scarce unless a domestic financial supervisor managed to request data from individual BNPL providers.
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Estimated transaction value of buy now, pay later (BNPL) in Canada in 2024, with forecasts for 2025 and 2030
(in million U.S. dollars)
Characteristic
BNPL transaction value in million U.S. dollars
Share against overall BNPL transaction value in North America
Figures for Canada equal a CAGR of 8.6 percent between 2025 and 2030
Supplementary notes
The source placed Mexico within "Latin America" and excluded it from "North America". The source did not provide a regional figure for North America.
The source does not provide information on the original wording used or of its methodology. Thus, the wording chosen for this statistic may differ slightly.
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Statista. (April 22, 2025). Estimated transaction value of buy now, pay later (BNPL) in Canada in 2024, with forecasts for 2025 and 2030 (in million U.S. dollars) [Graph]. In Statista. Retrieved June 26, 2025, from https://www.statista.com/statistics/1379475/bnpl-transaction-value-in-canada/
Statista. "Estimated transaction value of buy now, pay later (BNPL) in Canada in 2024, with forecasts for 2025 and 2030 (in million U.S. dollars)." Chart. April 22, 2025. Statista. Accessed June 26, 2025. https://www.statista.com/statistics/1379475/bnpl-transaction-value-in-canada/
Statista. (2025). Estimated transaction value of buy now, pay later (BNPL) in Canada in 2024, with forecasts for 2025 and 2030 (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 26, 2025. https://www.statista.com/statistics/1379475/bnpl-transaction-value-in-canada/
Statista. "Estimated Transaction Value of Buy Now, Pay Later (Bnpl) in Canada in 2024, with Forecasts for 2025 and 2030 (in Million U.S. Dollars)." Statista, Statista Inc., 22 Apr 2025, https://www.statista.com/statistics/1379475/bnpl-transaction-value-in-canada/
Statista, Estimated transaction value of buy now, pay later (BNPL) in Canada in 2024, with forecasts for 2025 and 2030 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1379475/bnpl-transaction-value-in-canada/ (last visited June 26, 2025)
Estimated transaction value of buy now, pay later (BNPL) in Canada in 2024, with forecasts for 2025 and 2030 (in million U.S. dollars) [Graph], Statista, April 22, 2025. [Online]. Available: https://www.statista.com/statistics/1379475/bnpl-transaction-value-in-canada/