Buy Now Pay Later

Buy Now Pay Later
Klarna to Become a Default Payment Method for WooPayments Merchants
December 23, 2024

Klarna will be offered as a default payment method to merchants using the WooPayments solution offered by eCommerce platform WooCommerce. Klarna is currently offered only as an alternative payment option that can be added at the request of a retailer, the companies said in a...

Buy Now Pay Later
Splitit CEO: Card-Linked Installments Unlock $3 Trillion of Consumer Spending Power
December 23, 2024

This year’s payment options are wider than last year’s. The PYMNTS Intelligence report “Maximizing Holiday Value: The Strategic Value of Early Pay Later Visibility,” created in collaboration with Splitit, found that consumers prefer merchants that offer the option to pay over time. They also favor...

Buy Now Pay Later
EBay Adds Klarna BNPL Options in 6 More European Countries
December 12, 2024

EBay is making Klarna’s buy now, pay later (BNPL) payment options available to its shoppers in six more European countries. Following a successful launch in Germany, this offering is now also available to eBay shoppers in Austria, France, Italy, the Netherlands, Spain and the United...

Buy Now Pay Later
Slope Launches Commercial BNPL Card Powered by Marqeta
December 12, 2024

Slope launched a commercial buy now, pay later (BNPL) card solution powered by Marqeta. The new Slope Card enables brands and marketplaces to allow their B2B customers to pay in-store or online with 30- or 60-day loan options, the companies said in a Thursday (Dec....

Buy Now Pay Later
Equipifi and Synergent Partner on BNPL Programs for Credit Unions
December 11, 2024

Equipifi and Synergent have partnered to help credit unions launch their own buy now, pay later (BNPL) programs through their banking apps. This partnership will offer equipifi’s BNPL platform for financial institutions to Synergent’s credit union customers, the companies said in a Wednesday (Dec. 11)...

Buy Now Pay Later
43% of Consumers Choose Retailers Based on Preferred Financing Options
December 11, 2024

During the holiday season, consumer spending is impacted by the availability and visibility of financing options, such as Buy Now, Pay Later (BNPL) plans. A PYMNTS Intelligence Report, Maximizing Holiday Value: The Strategic Value of Early Pay Later Visibility, in collaboration with Splitit, shows how...

Buy Now Pay Later
QuickFee and Mango Partner on Payment Plans for Accounting Firms
December 04, 2024

QuickFee and Mango Practice Management have partnered to enable accounting firms to offer their clients a payment plan option. This option will be enabled by QuickFee’s client finance solution, QuickFee Finance, being offered through Mango’s practice management software for accounting firms, the companies said in...

Buy Now Pay Later
Why Complexity Is the Enemy of the Sale
November 22, 2024

Even with the continued shift to digital payments and the plethora of payment options, there are still stumbling blocks in commerce. Complexity is the enemy of the sale, Splitit Head of Client Success John Beisner told PYMNTS for the What’s Next in Payments series, “Business...

Buy Now Pay Later
Affirm CEO Says They Own Half of US Pay Later Revenue
November 07, 2024

Against a backdrop where it laid claim to a third of the volume and more than half of the revenue in the United States pay later space, Affirm reported better-than-expected key performance indicators and projected strong holiday consumer spending during its fiscal first quarter conference...