Competition in the buy now, pay later (BNPL) space has intensified over the last few years as established players compete with new entrants vying for a piece of the growing pie. And in Europe, where customers are quite conservative when it comes to credit, focusing...
Open-source commerce solution WooCommerce, which was built on WordPress, has deepened a partnership with buy now, pay later (BNPL) firm Affirm to offer new ways of paying over time in installments, a press release said Tuesday (May 24). Eligible WooCommerce businesses can offer Affirm at...
Tranch, a U.K. buy now, pay later (BNPL) platform for SaaS sellers and professional services providers, says it has raised $4.25 million in pre-seed equity and debt funding. According to a Monday (May 23) news release, the firm — which just came out of stealth...
Amsterdam payments platform Mollie is teaming up with Eindhoven-based buy now, pay later (BNPL) firm in3 to offer interest-free installments across the Netherlands. “Shoppers don’t always have the available funds to pay for what they want when they need it. BNPL can increase conversion rates...
Buy now, pay later (BNPL) transaction volume is expected to reach $680 billion worldwide by 2025, a clear indication that consumers will continue to embrace installment payments and adopt the service at the point of sale (POS). Read PYMNTS report: Who’s Using BNPL and Why?...
Buy now, pay later (BNPL) firms — and their customers — seem to be handling macro pressures well. Provisions for losses are growing, though transaction volumes are too, indicating that the relatively new business model is resilient. Inflation is red-hot. Consumers are living paycheck to...
Dutch payments firm Adyen is expanding its collaboration with Australian buy now pay later (BNPL) leader Afterpay to further grow across central markets in Australia, New Zealand, Canada, Europe, U.S. and the U.K. The two firms first partnered for local payments in 2018 and several of Adyen’s...
Dubai-based buy now, pay later provider Tabby announced Tuesday (May 10) it has teamed up with Visa to launch a virtual card. The card, created with the help of API infrastructure company M2P Fintech, is designed to make in-store payments easier for shoppers. Users can...
The velocity of buy now, pay later (BNPL) — measured in payments volume and millions of users — makes last weekend’s Kentucky Derby race look slow by comparison. PYMNTS’ data underscores appeal and the uptake of the credit offering, which allows consumers to break up...
