Sales will increase in the Good End 2022 with payment method buy now and pay later: Kueski Pay

The Good End 2022 is shaping up to be a growth event for the mexican economywhich will lead to a doubling of the buy now, pay later (BNPL) payment method, projected Lisset May Cervantes, sales director of Kueski Pay.

He specified that the payment system has become a secure payment system that helps the buyer and facilitates the acquisition of items, products and services, without interest and in fortnights safely without the need for a credit or debit card. .

According to a study of the Mexican Association of Online Sales (AMVO), it is expected that during this season, the Buy Now, Pay Later payment method will be used by 12% of users during the event. This implies 6% more than what was used last year.

“El Buen Fin 2022 is presented as an excellent opportunity for all Mexican consumers to know that it is possible to take advantage of the offers and exercise their freedom to buy how and where they want thanks to payment methods such as BNPL, such as Kueski Pay,” he explained.

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May Cervantes said that 46% of Kueski Pay users highlight security as one of the most important elements when making transactions, as there is concern about cyber fraud and card cloning.
In this sense, by using “buy now and pay later” payment methods, such as Kueski, this risk is substantially reduced.

Currently, Kueski has 7,283 stores in its network (more than 5,000 brands and more than 2,000 physical stores), this equates to more than 5,000 merchants that accept this friendly and innovative payment format.

“During 2022, the effectiveness and popularity of Kueski Pay has already been proven, since it represented 3.9% of the total sales of the HOT SALE. Currently, Kueski has 7,283 stores in its network, which include more than 5,000 brands and more than 2,000 physical stores, which is equivalent to more than 5,000 merchants that accept this friendly and innovative payment format,” he said.