Resale platforms and buy now, pay later (BNPL) options offer a sustainable way for discerning consumers to make upmarket purchases in a financially responsible way. In the “Buy Now, Pay Later Tracker,” Vestiaire Collective Head of Payments Pedro Bennasar explains how BNPL’s flexibility empowers consumers...
Buy now, pay later (BNPL) is a growth industry that is already worth more than $125 billion, with projections to grow to $3.3 trillion by 2030. Some of that growth is expected to come simply from more consumers gaining awareness of the payment option, but...
Optty announced it has raised $9 million in “stealth” to develop an integration platform it is now launching to let retailers offer customers multiple buy now, pay later (BNPL) options. The Singapore-based FinTech said in a Wednesday (April 27) news release that it intends the new...
Digital retail bank and buy now, pay later (BNPL) firm Klarna is extending its global partnership with cross-border eCommerce provider Global-e to expand its installment payment services to Canada. By teaming up, merchants selling in Canada using Global-e’s platform can use Klarna’s installment payment options....
Thirty-nine percent of consumers have paid at least once using buy now, pay later (BNPL) options at a store where they held a store card, according to “The Truth About BNPL And Store Cards,” a PYMNTS and PayPal collaboration based on a survey of 2,161...
Australian buy now, pay later (BNPL) firm Zip Co says it will be more prudent in its lending and cut $30 million ($22.5 million U.S.) in costs amid a drop in BNPL share prices. As The Brisbane Times reported Thursday (April 21), Zip says its...
Mexico City-based buy now, pay later (BNPL) service Nelo announced Wednesday (April 20) it had launched an all-in-one app. “Nelo’s customers can now use Nelo at any online merchant, through a partnership with Mastercard,” the company said in a news release. “Nelo’s app is the...
LawPay is bringing to law firms the low-friction, buy now, pay later (BNPL) transactions that have quickly become a popular offering retailers to extend to customers. Austin, Texas, LawPay stated in an announcement Tuesday (April 19) on its website that the new service, ClientCredit, which...
Philippines-based buy now, pay later (BNPL) startup BillEase has secured a $20 million debt facility from emerging market credit provider Lendable that it will use to speed up its growth across the country, according to a Monday (April 18) Deal Street Asia report. BillEase enhances...
