09/04/2026
Installment commerce is becoming a much bigger part of how people buy and how businesses get paid.
The data is clear:
• The Richmond Fed estimates real U.S. BNPL transaction value has grown about 20% per year since 2021, reaching roughly $70 billion in 2025.
• The Federal Reserve estimates six major BNPL providers originated nearly $160 billion in consumer credit products in 2025, with about half coming from products beyond Pay in 4.
• 16% of U.S. adults used BNPL during the prior 12 months, up from 10% in 2021.
• Providers are expanding into both short term and longer term installment products.
• Fortune Business Insights estimates the global embedded finance market at $193.27 billion in 2026 and projects it to reach about $1.92 trillion by 2034.
What does that mean for businesses?
More customers are paying over time, but most businesses still need better tools to manage the full relationship.
That means agreements, payment schedules, fulfillment, risk, servicing, collections, and customer history all working together.
That is where Ownly by RBS comes in…
Ownly is the operating system for businesses that get paid over time.
