A growing number of Canadians are turning to 'pay later' payment options as grocery prices continue to climb, according to a report by an app that tracks consumer spending habits.The trend highlights increasing financial strain on households amid inflationary pressures.The app's data suggests that over 15% of users have adopted deferred payment methods for essential purchases, particularly groceries.This shift reflects broader economic challenges, with many families facing higher costs for food, utilities, and other essentials.Experts warn that while flexible payment options provide short-term relief, they may contribute to long-term debt issues if not managed carefully.The report also notes that younger consumers are more likely to use these services, raising concerns about financial literacy.

As inflation persists, analysts predict the 'pay later' trend will continue to grow, prompting calls for better financial education and policy responses to support households struggling with rising living costs.