Market size figures from 2022 to 2024 and from 2027 to 2030 were calculated by ÌÇÐÄÆƽâ°æ based on data published by the source, which provided market size values for 2025, 2026, and 2031, as well as CAGRs of 24.2% (2022–2025) and 12% (2026–2031).
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.
Citation formats
Annual BNPL spending in Canada 2022-2025, with a 2031 forecast
Market modeling estimates that BNPL transactions in Canada would be about ****percent higher in 2026 than in 2025. At the same time, Canada's BNPL transaction value against the overall BNPL transaction value in North America is forecast to decrease notably in the following years. This is according to a market model released in the first quarter of 2026. 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 2026, 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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ÌÇÐÄÆƽâ°æ, & PayNXT360. (May 18, 2026). Estimated transaction value of buy now, pay later (BNPL) in Canada from 2022 to 2025, with a forecast until 2031 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 18, 2026, from /statistics/1379475/bnpl-transaction-value-in-canada/
ÌÇÐÄÆƽâ°æ, und PayNXT360. "Estimated transaction value of buy now, pay later (BNPL) in Canada from 2022 to 2025, with a forecast until 2031 (in million U.S. dollars)." Chart. May 18, 2026. ÌÇÐÄÆƽâ°æ. Accessed July 18, 2026. /statistics/1379475/bnpl-transaction-value-in-canada/
ÌÇÐÄÆƽâ°æ, PayNXT360. (2026). Estimated transaction value of buy now, pay later (BNPL) in Canada from 2022 to 2025, with a forecast until 2031 (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 18, 2026. /statistics/1379475/bnpl-transaction-value-in-canada/
ÌÇÐÄÆƽâ°æ, and PayNXT360. "Estimated Transaction Value of Buy Now, Pay Later (Bnpl) in Canada from 2022 to 2025, with a Forecast until 2031 (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 18 May 2026, /statistics/1379475/bnpl-transaction-value-in-canada/
ÌÇÐÄÆƽâ°æ & PayNXT360, Estimated transaction value of buy now, pay later (BNPL) in Canada from 2022 to 2025, with a forecast until 2031 (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1379475/bnpl-transaction-value-in-canada/ (last visited July 18, 2026)
Estimated transaction value of buy now, pay later (BNPL) in Canada from 2022 to 2025, with a forecast until 2031 (in million U.S. dollars) [Graph], ÌÇÐÄÆƽâ°æ, & PayNXT360, May 18, 2026. [Online]. Available: /statistics/1379475/bnpl-transaction-value-in-canada/
