PayPal CEO Alex Chriss: BNPL is becoming the way people want to spend

Consumer Behavior - Younger demographics, including college students, increasingly prefer debit cards and buy now, pay later (BNPL) options over traditional credit cards [1][2] - BNPL is becoming a preferred payment method for consumers [1] BNPL Growth - The company's BNPL product experienced rapid growth, exceeding 20% last quarter [1]