Buy now, pay later (BNPL) services are commonplace in the modern economy, with 60% of consumers using them at one point or another. Retailers are also happy to offer BNPL services, especially in an economic environment that can generously be described as challenging. Inflation is...
At a time of growing investor concerns and a retracting investment landscape that has led to a dip in valuations of many global firms, it’s fair to say that the ability to secure a 9-figure raise in the buy now, pay later (BNPL) space, where...
They may have startled Wall Street investors, but for consumers, merchants and retailers, Affirm’s results are the latest affirmation that the seismic shift towards buy now, pay later, (BNPL) is continuing to bear fruit with customers using the payment option more often. As much as...
Indonesian eCommerce company Tokopedia has added a buy now, pay later (BNPL) option to the range of digital payment methods it accepts. With the new GoPayLater Cicil, select Tokopedia customers can shop on the company’s platform and then choose to pay in installments over one,...
Buy now, pay later (BNPL) lender Klarna is bringing its installment payments program to the online salon booking platform StyleSeat to offer people an interest-free Pay in 4 solution for beauty and haircare needs. Kristina Elkhazin, Head of North America, Klarna, said that there is...
Independent buy now, pay later (BNPL) integration platform Optty has added shopping and rewards firm ShopBack to its expanding BNPL ecosystem, marking its 50th integration. ShopBack PayLater, powered by hoolah, is available to all participating merchants in Malaysia, Singapore, and Thailand as an option through...
Valuations headwinds don’t seem to be slowing down buy now, pay later (BNPL) giant Klarna. The Swedish firm has expanded its all-in-one shopping app with a new feature that automatically consolidates purchase information — not just Klarna’s — in the company’s app, enabling U.K. customers...
Buy now, pay later (BNPL) services have quickly gained a large foothold in the retail scene, becoming a household name in digital payments within a short period of time. A recent study found that 25% of eCommerce shoppers in the United Kingdom now use BNPL, for example,...
New data shows that 71% of BNPL users making more than $100,000 per year increased their use of BNPL in the last year. In the "Buy Now, Pay Later Tracker®," Dermadry’s Mathieu Mireault tells PYMNTS how affluent consumers are leveraging BNPL as a smarter way...
