Ukraine war-induced supply chain disruptions coupled with a biting cost of living crisis in Europe have led to a record slump in new car sales in the last year. As James Jackson, CEO at U.K. auto startup Bumper, told PYMNTS, that slowdown in new car sales has meant...
Sezzle now offers consumers the option to split purchases into two payments. The installment payment platform’s new Pay-in-2 buy now, pay later (BNPL) product lets shoppers pay 50% at the time of purchase and the remaining 50% two weeks later, Sezzle said in a Tuesday (May...
Buy now, pay later provider Alma has launched a partnership with payments platform Numeral. The collaboration, announced Wednesday (May 10), will see Numeral automating “millions of payments” per year to merchants with the help of French bank BNP Paribas. The companies say their team-up is...
Sift through the filings, listen to the calls with management, and earnings season gives a sense of how consumers — and merchants — are embracing buy now, pay later (BNPL). The overarching theme? Despite macro headwinds and the ongoing grappling with inflation, several key metrics...
Splitit and Visa have partnered to offer merchants a buy now, pay later (BNPL) solution. The two companies have signed a two-year deal in which Splitit’s installments-as-a-service offering is combined with Visa Instalments to form a BNPL solution that will be piloted in select markets during the second...
PSCU has launched a solution that helps credit unions implement buy now, pay later (BNPL). The credit union service organization’s (CUSO’s) new Installment Payments solution allows some post-purchase credit card transactions to be converted into installment payments, PSCU said in a Thursday (April 27) press...
Celerant Technology has partnered with Sezzle to enable retailers to offer buy now, pay later (BNPL). With this collaboration, retailers can add the Sezzle Pay BNPL consumer financing solution to their Celerant eCommerce website, the companies said in a Tuesday (April 25) press release. Another...
Some consumers may try buying groceries with buy now, pay later (BNPL), but PYMNTS research shows it doesn’t stick. BNPL is increasingly becoming an option for food purchases. Major grocers are getting onboard, with Kroger offering Afterpay, Walmart accepting payments via Affirm, and leading third-party...
The buy now, pay later (BNPL) market has operated largely free of government oversight since its launch, following in the footsteps of many of its counterparts in the tech world. Much like ridesharing, streaming media subscriptions or short-term property rentals, the BNPL market surged while...
