Consumers today have a growing number of ways to re-tool their financial health. But in a landscape where options abound, employing a personal touch can go a long way toward helping consumers achieve their desired financial lifestyle. “From a credit union perspective, one of our...
The appeal of buy now, pay later (BNPL) is undeniable. And the field is getting more crowded with FinTechs, and, more recently, banks. While the core value proposition is that paying over time is of value to cash-flow focused consumers, there’s value too, in offering...
PSCU/Co-op Solutions has unveiled a new buy now, pay later (BNPL) option for credit card issuers. This solution allows cardholders to enjoy greater flexibility and convenience when making purchases, the company said in a Tuesday (Feb. 6) press release. PSCU AND Co-op Solutions merged Jan. 1 to...
Amazon shoppers in Mexico will be able to choose the buy now, pay later (BNPL) offering Kueski Pay as a payment option. The availability of this BNPL product on the platform results from a new partnership of Amazon Mexico and Kueski, a provider of BNPL...
As buy now, pay later (BNPL) firms look to drive profits beyond the small cut they take of each transaction, Klarna is the latest to turn to a subscription model to generate reliable revenue. The company announced on Wednesday (Jan. 24) the launch of Klarna Plus,...
Zilla has paused its buy now, pay later (BNPL) services in Nigeria and shifted its focus to a new international B2B payment product called Zillawire. The company paused its BNPL offering because of high interest rates and other challenges facing all consumer-facing products in the...
In recent years, the financial landscape has witnessed a transformative wave with the rise of buy now, pay later (BNPL) as a popular and widely embraced deferred payment option for consumers. This innovative approach has revolutionized traditional purchase patterns, enabling individuals to enjoy the flexibility...
Merchants affiliated with acquirers offering installment plans are interested in their potential to boost sales, as consumers may make larger purchases if they can spread out the payments over time. Although 56% of acquirers claim they facilitate general-purpose credit card installment plans before or during...
First comes the holiday spending. Then comes the holiday spending hangover — the credit crunch that leaves consumers scrambling to meet, if they can, the newly accumulated repayment obligations. The situation might be a dire one, as individuals find they’ve stretched themselves with the spirit...
