The Velera Payments Index February 2025: A Deep Dive into Buy Now, Pay Later (BNPL)

Summary: Against the backdrop of a new presidential administration and a flurry of early activity and legislation, consumers began 2025 with strong levels of purchasing activity, despite a drop in confidence and higher-than-forecasted inflation. The February edition of the Velera Payments Index revealed Debit purchases posted the best monthly year-over-year growth since February 2022, while credit remained strong. This edition also provides a Deep Dive into Buy Now, Pay Later (BNPL) consumer activity and the continued rise in popularity of the offering.