How consumer financing helps sales flourish for online fashion retailers

Help your shoppers complete the look they want, when they want it, by giving customers more ways to pay for purchases. Fashion retailers, in particular, are helping drive higher average order values and more repeat customers when they offer consumer financing on their site.


Footnotes:

1 Forrester. Ecommerce Will Account For 36% Of Global Fashion Retail Sales By 2022. November 13, 2018.
2 CouponFollow. Millennial Shopping Report 2019. March 19, 2019.
3 thredUP. Ushering in a Green 2019: Consumer Resolve to Be Less Wasteful this New Year. January 3, 2019.
4 Nielsen. Was 2018 the Year of the Influential Sustainable Consumer? December 17, 2018.
5 Alter Agents. Millennial shopping behaviors uncovered by new research. March 2018.
6 PYMNTS.com Connected Consumer: How Consumers Shop and Buy Clothes. May 2018.
7 Money Under 30. Millennials Unsatisfied With Their Finances, But Remain Ever Optimistic. September 2018.
8 PayPal Credit is subject to consumer credit approval.
9 Average order value of PayPal Credit transactions vs. PayPal transactions using 2018 PayPal internal data among fashion retailers.
10 Average order value of PayPal Credit transactions with a PayPal Credit button and/or message vs. those without using 2018 PayPal internal data among fashion retailers.
11 Based on PayPal’s analysis of 2018 internal data for fashion industry businesses.