Business-to-business (B2B) payments are fueling the uptake of buy now, pay later (BNPL) in Europe. While the explosion of the BNPL concept has primarily centered on the business-to-consumer (B2C) sector, in recent years, BNPL for business has been gaining traction, buoyed by increasing funding rounds and partnerships....
Ingenico and Splitit are partnering to develop a new in-store BNPL solution. The Paris-based payment technology company announced the partnership with the U.S. buy now, pay later (BNPL) firm in a press release on Monday (Feb. 1), saying that it will “bring one-touch, no-interest, buy...
Kayak is hoping installment payments will lure travelers as flight prices soar. The travel website announced Wednesday (Jan. 25) that it was working with buy now, pay later (BNPL) company Affirm to offer travelers payment flexibility amid a 40% year-over-year increase in the cost of plane tickets....
Playter now enables businesses to both offer and use buy now, pay later (BNPL). The company has launched its new Paid product that enables its small and medium-sized business (SMB) clients to offer their own customers extended payment terms. This joins the BNPL provider’s Pay...
Klarna is riding a wave of buy now, pay later (BNPL) popularity in the U.S. The Swedish payments company said Tuesday (Jan. 17) that America is now its largest market in terms of revenue, with volumes up 92% year over year. “Despite the challenging macroeconomic...
The share of senior citizens in the United Kingdom who use BNPL doubled in 2022. About 20% of people over the age of 65 have now used buy now, pay later (BNPL), with nearly half saying they were doing so in order to spread out...
Two EU FinTechs want to counter buy now, pay later with “pay now, finance later.” Enfuce, a Finnish card issuing company, and financial services firm Orka Ventures said Wednesday (Jan. 11) that they had teamed to launch Orka Card, a consumer lending card and mobile...
Buy now, pay later (BNPL) is a financing option that allows customers to purchase items and pay for them later, usually with no upfront payment or interest charges. Online retailers or other merchants typically offer this option as a way to make their products more...
Worldline and Splitit have signed a partnership agreement to deliver card-based BNPL payments. Once launched, merchants and marketplaces using Worldline’s payment system will be able to use the new solution to embed buy now, pay later (BNPL) options into their checkout flow using Splitit’s white...
