Buy now, pay later (BNPL) is one of the hot topics in our industry, so it’s fitting that the competition in PYMNTS’ Provider Ranking of Buy Now Pay Later Apps is heating up, too. Five of the top 10 apps in this ranking have earned...
Cross-border payment platform Thunes has formed a partnership with Clearpay, the U.K. and European arm of buy now, pay later (BNPL) firm Afterpay Limited. The partnership lets Thunes offer Clearpay’s BNPL product to its network of gateways, merchants, and marketplace partners, according to a Thursday...
Swedish buy now, pay later (BNPL) company Klarna on Thursday (March 31) rolled out the Klarna Kosma sub-brand and business unit that’s geared toward open banking, according to the company press release. Kosma helps financial institutions, FinTechs and merchants build FinTech apps and services through...
As more consumers begin using buy now, pay later (BNPL) offerings, regulators will not be far behind. Regulatory bodies have an interest in ensuring that consumers aren’t accumulating debt that they have difficulty repaying, so they are likely to focus on trust and transparency, ensuring...
From Norway’s Vipps and MobilePay in Denmark to Swedish mobile payment system Swish and the Pivo mobile payment app in Finland, payment methods that facilitate fast and convenient ways to pay are gaining traction in the Nordics, a region renowned for its innovative payments and...
While 52 million United States consumers used buy now, pay later (BNPL) options to make purchases in December 2021, BNPL’s meteoric rise into the limelight has given some retailers pause. They are facing mounting pressure to provide customers with the BNPL options they have come...
ZoodPay, the super app from the Middle East and Central Asia, will be collaborating with Network International in order to provide BNPL solutions, a report says. ZoodPay is the first Jordanian company working with BNPL. It’s currently offering the option on ZoodMall, its own marketplace,...
The top thing consumers want from credit providers is trustworthiness. Fifty-three percent of consumers say trust in the credit provider is an important factor when deciding to use a short-term credit payment method, according to BNPL, Banks And The Trust Factor, a PYMNTS and Amount...
While the pandemic contributed in part to the surge in buy now pay later (BNPL) services, an ongoing shift in consumer spending habits, combined with sweeping eCommerce adoption, has ensured the short-term interest-free installment plans are here to stay. More than half of consumers in...
