Approved guests who book accommodations on Hotels.com can now pay over time by selecting Affirm at checkout. These guests are shown the total cost of their purchase at checkout and will never pay more than they agree to upfront, the companies said in a Tuesday (Aug. 20) press...
For Klarna, buy now, pay later (BNPL) may serve as an onramp toward building a wider financial ecosystem tied to its app — and perhaps, will give banks a run for their money (literally). The company said in a blog post on Thursday (Aug. 15)...
Zip’s buy now, pay later (BNPL) offering will be generally available later this year as a payment method for U.S. merchants using Stripe. Its availability in the United States is currently limited to beta users. These merchants will be able to enable Zip as a payment method with a...
The comments are in. The battle lines have been drawn. As the regulatory landscape shifts for buy now, pay later (BNPL) providers, a few key questions have seemingly been yet to be answered: What will the companies have to do to comply with new obligations to...
Buy now, pay later (BNPL) platform equipifi has introduced a “pre-purchase” solution called “Plan Your Purchase.” The new offering lets financial institutions offer account holders “flexible financing” before they make purchases, according to a Tuesday (July 30) press release. “There are many moments in an account holder’s...
With the Consumer Financial Protection Bureau (CFPB) winding down its commentary period for potential buy now, pay later regulations, Affirm Friday (July 26) submitted a detailed response advocating for adjustments that it says will better accommodate the unique aspects of BNPL products. The CFPB’s proposed...
Great Britain is reportedly resurrecting plans to regulate buy now, pay later (BNPL) providers. It’s happening under the country’s new Labour leadership, CNBC reported Thursday (July 25), citing a government spokesperson. “Regulating Buy Now Pay Later products is crucial to protect people and deliver certainty for the...
The end of the month is speeding toward the buy now, pay later (BNPL) industry — and with it, new rules and regulations regarding consumer disputes and new operational burdens in the drive toward compliance. The Consumer Financial Protection Bureau’s (CFPB) rule classifying BNPL as...
Chase told customers that it will stop allowing its credit cards to be used to pay for third-party buy now, pay later (BNPL) plans. The bank said in a customer’s credit statement viewed by PYMNTS: “Effective October 10, 2024, you will not be able to...
