The surging popularity of buy now, pay later has bucked conventional wisdom about installment lending. “At the beginning of the BNPL boom, we heard all about how Gen X and Gen Z were the ones who wanted buy now, pay later,” Ed O’Donnell, CEO of...
Omnichannel shopping was on full display this holiday season, with buy now, pay later (BNPL) playing a starring role against a backdrop of economic turbulence. Where these trends meet offers a significant market opportunity for retailers, but merchants need to beware of potential hiccups in...
Shoppers are returning to physical stores this holiday season, but digital habits adopted during the pandemic show no signs of abating. More than three-quarters of shoppers in a recent global survey said they are visiting brick-and-mortar locations at pre-pandemic levels, but they are increasingly combining...
As they navigate a period of economic uncertainty, Americans are increasingly turning to buy now, pay later (BNPL) tools. An emergent suite of next-generation, flexible financing solutions are helping consumers weather rising inflation and meet financial goals within an ever-changing, rarely positive, macroeconomic environment. PYMNTS’...
Santander, Allianz Trade and eCommerce platform Two have launched a new buy now, pay later (BNPL) solution for large businesses. The BNPL product is aimed at the B2B eCommerce market and will enable large multinational corporations to offer commercial customers a deferred payment option at...
Sezzle is now offering its credit-building service Sezzle Up in Canada. Already available in the United States, Sezzle Up now enables users of Sezzle’s buy now, pay later (BNPL) solution in Canada to opt in to report their payment behavior to credit reporting agencies, thereby...
Smartpay is using open banking to streamline online installment purchases for customers in Japan. The new Smartpay Bank Direct enables customers to pay for online installment purchases from their bank accounts. It is offered through the company’s network of 67 partner banks in Japan, Smartpay...
Businesses looking for cash flow flexibility are increasingly leveraging buy now, pay later (BNPL) tools. “Businesses need to create runways for themselves … and if you’re not using BNPL to do that, you’re not thinking in 12- to 18-month landscapes. You’re looking at only a...
Buy now pay later is a necessity, even when producing and selling affordable children’s fashion. That message came through loud and clear from Braden Larsen, IT lead at direct-to-consumer (D2C) children’s apparel marketplace Sparkle In Pink, and Sezzle CEO Charlie Youakim in a discussion for...
