As more consumers try buy now pay later (BNPL) and like it, the paradox of choice is becoming an issue as numerous third-party providers and major payments brands pile into the space. Who should consumers pick? Spin the wheel at checkout, as it were, and...
There’s nothing more representative of the smokestack economy, nothing more analog, even essential, than steel. The steel industry itself is complex, global in scope, and comprises all manner of offerings: flat steel, rolled steel, steel used in structures. Agricultural firms need steel, water companies do...
Even before the war in Ukraine, supply chain issues were a major concern in the European automotive industry. But James Jackson, co-founder and CEO at U.K.-based buy now, pay later (BNPL) firm Bumper, said he was surprised to learn just how crucial the Eastern European...
Payments portal Alchemy launched a buy now, pay later (BNPL) platform that it said will transform retailers into FinTechs, according to a Wednesday (May 4) company press release. Alchemy’s BNPL solution can be integrated with major eCommerce platforms, as well as sales and CRM tools...
Buy now, pay later (BNPL) network Affirm and payment provider Fiserv are partnering to make Affirm available to Fiserv’s enterprise merchant clients, the companies said in a press release Wednesday (May 4). The partnership, set to go into effect later this year, makes Affirm the...
Klarna is moving ahead of potential regulation in Buy Now, Pay Later (BNPL) in the U.K. The company announced in a blog post on May 4 that starting in June, the company will be providing information to U.K. credit agencies to help consumers build positive...
Now nearly a quarter of the world’s population, millennials and their slightly older bridge millennial friends are the most courted of all cohorts from a marketing perspective, and their spending behavior is the obsession of virtually every brand and merchant. In this Millennial Minute, we...
The buy now, pay later (BNPL) market was valued at $125 billion last year. By the end of the decade, it could be worth close to $3.3 trillion, a figure that represents a compound annual growth rate (CAGR) of 44%. Where will that growth come...
The buy now, pay later (BNPL) market is skyrocketing, fueled by both increasing consumer awareness and aversion to high interest rates, particularly among younger generations. Recent PYMNTS research found that consumers’ enthusiasm for BNPL continues to grow regardless of channel. Shoppers across both physical and online environments evidence...
