In tough economic times, paying for goods in several installments instead of paying for the full cost upfront has never been more attractive to consumers. It comes as no surprise then that in the United Kingdom, the use of buy now, pay later (BNPL) nearly...
Singapore-based buy now, pay later (BNPL) company Pace notched $40 million in its Series A investment round, according to a recent press release. The round saw participation from investors in Singapore, Japan, South Korea and Taiwan, including UOB Venture Management, Marubeni Ventures, Atinum Partners, AppWorks, as well as a series...
Buy now, pay later (BNPL) has exploded in the wake of the pandemic as consumers embrace the freedom it gives them to make multiple interest-free installments. In the U.K., where Swedish giant Klarna’s BNPL service is very popular among shoppers, other players like Laybuy are...
Pandemic-related concerns and restrictions occurring in 2020 caused both retailers and consumers to pivot sooner than expected to newer, digital ways of doing business. Shoppers preparing for the 2021 holiday season are unlikely to want to give up the shopping and buying conveniences they have...
Mastercard is launching the world’s first commercial card buy now, pay later (BNPL) solution for small and medium-sized businesses (SMBs) in the Asia-Pacific (APAC) region, according to a press release emailed to PYMNTS on Tuesday (Nov. 9). Called Mastercard Pay & Split, the new solution...
Klarna has officially launched in Ireland, offering interest-free ‘Pay in 3’ installments on its app and through retail partners, according to a press release on Tuesday (Nov. 9). The fee-free buy now pay later (BNPL) offering is intended as an alternative to credit cards, a...
Amid rising costs and product shortages, consumers are buying in bulk to ensure they’re not left short of basic household supplies. In the latest Buy Now, Pay Later Tracker, Ned MacPherson, growth and consumer analytics lead for Touchland hand sanitizer, discusses how BNPL plans help...
The hype around buy now, pay later (BNPL) services in the consumer world has reached a fever pitch, and it’s pretty clear why. With more than half of Americans said to be living paycheck to paycheck, BNPL and other non-traditional payment offerings make it easier...
Buy now pay later (BNPL) platform Zip (formerly known as Quadpay) on Thursday (Nov. 4) announced the company has appointed Ahu Chhapgar as its new global chief technology officer. Chhapgar will start his tenure Dec. 1 in Zip’s New York office and report to Global...
