Buy Now Pay Later

Buy Now Pay Later
Afterpay Offers BNPL Rewards via Nift Partnership
October 20, 2023

Afterpay added a rewards program to its buy now, pay later (BNPL) offering. The program is happening via a partnership with the Nift Network and allows Afterpay shoppers to discover and try products and services through the Nift gift network, according to a Thursday (Oct. 19, press release. The partnership...

Buy Now Pay Later
Nearly 30% of Young Shoppers Issue Ultimatum to Retailers: Offer BNPL or Lose Our Business
October 18, 2023

The world of retail payments and lending is undergoing a significant transformation with the rise of buy now, pay later (BNPL) services. As noted in a recent study by PYMNTS Intelligence, one of the key appeals of BNPL is its ability to provide financial flexibility and...

Buy Now Pay Later
Equipifi Partners With Jack Henry to Bring Buy Now, Pay Later to Banks
October 18, 2023

White-label Software-as-a-Service (SaaS) company Equipifi has teamed with FinTech firm Jack Henry to offer a buy now, pay later (BNPL) tool to community and regional financial institutions (FIs). Via the partnership, FIs can offer split payments through debit cards using Equipifi’s BNPL solution, according to...

Buy Now Pay Later
21% of Consumers Spread Out Restaurant Meal Payments
October 17, 2023

As consumers look for ways to afford the luxuries that they want even in the face of ongoing financial challenges, PYMNTS Intelligence reveals that many are turning to installment plans to stretch their budgets, enabling them to spring for indulgences such as restaurant dining. By...

Buy Now Pay Later
Nearly One-Third of Consumers Say Higher Credit Limits Will Boost BNPL’s Appeal
October 13, 2023

Consumers are increasingly seeking flexible and convenient payment options, leading to the rising popularity of deferred payment plans such as credit card installment plans and buy now, pay later (BNPL) options. However, to fully unlock its potential, BNPL providers need to address certain demands and...

Buy Now Pay Later
Galileo, Mastercard Team on Smart BNPL for Small Businesses
October 05, 2023

David Feuer, chief product officer of Galileo Financial Technologies, told PYMNTS that the current financial services landscape is a challenging one for smaller firms — and especially so for the smallest of the small, the sole proprietorships that help power the U.S. economy. “It’s not...

Buy Now Pay Later
Why FinTechs Are Telling Customers They No Longer Want Their Business
October 05, 2023

FinTechs spent years pursuing growth at all costs — where profits were an afterthought. Revenues, eyeballs, clicks and accounts — in short, the more business the better — were the key measures of success.  But Charlie Youakim, CEO of Sezzle and Peter Beckman, CEO and co-founder of Treyd, told PYMNTS’...

Buy Now Pay Later
Citi Launches BNPL Option for Costco Anywhere Visa Cardholders
October 03, 2023

Citi announced that Costco Anywhere Visa cardmembers can now access its buy now, pay later (BNPL) option, Citi Flex Pay, to pay for purchases. The option allows cardholders can pay over time with a fixed fee, no interest and the ability to earn cash back...

Buy Now Pay Later
CFPB Eyes Tuition Payment Plans as Students Return to School
September 27, 2023

It’s the end of September, summer’s a distant memory, and students are only a few weeks into settling into the routine of books, homework, and given the way things are going … … paying for it all. You’d be forgiven for thinking the conversation around...