Buy Now Pay Later

Buy Now Pay Later
Spirit Airlines Offers BNPL on Airfare
June 01, 2022

Spirit Airlines and Uplift, a buy now, pay later (BNPL) solution, are partnering to provide consumers with the ability to pay for flights in installments, according to a press release Wednesday (June 1). The offer comes as Spirit tries to provide “customizable travel options” for...

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Are There Clouds on the BNPL Horizon?
June 01, 2022

An increase in delinquencies, combined with a slowing economy, could spell trouble for the future of buy now, pay later (BNPL) companies. That’s according to a report Wednesday (June 1) by The Wall Street Journal, which noted that late payments and other losses have begun...

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Klarna Intros Physical Visa Card With Issuing Platform Marqeta
June 01, 2022

Card issuing platform Marqeta is partnering with buy now, pay later (BNPL) firm Klarna to launch a physical Visa card that consumers can use to pay for purchases interest-free over four installments, either in-store or online. The Klarna Card is available in the U.S., which...

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UK-Based Debite Launches BNPL Service for Early-Stage Companies
May 31, 2022

London-based financing platform Debite announced its launch in the U.K. Monday (May 30), saying it was out to help early-stage companies through its buy now, pay later tool. “Tackling one of the primary reasons why most startups fail, Debite’s buy now pay later model means...

Buy Now Pay Later
BNPL Reduces the Stress of Paying for Auto Repair
May 31, 2022

When the staff in the service department at auto retailer Momentum BMW saw that customers were declining auto repairs at an excessive rate, they asked each customer for the reason — price, convenience, value? “A lot of times it had a lot to do with...

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Weave, Sunbit Team to Bring BNPL to Small Healthcare Providers
May 25, 2022

Small-business customer communications platform Weave on Wednesday (May 25) inked a multiyear deal to integrate with buy now, pay later (BNPL) technology portal Sunbit to provide U.S. healthcare practices the option to offer their patients delayed payments. The partnership brings together Sunbit’s technology and Weave’s...

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Klarna Eyes Fresh Capital at Reduced Valuation
May 19, 2022

Buy now, pay later (BNPL) giant Klarna is eyeing a new fundraise that could put the Swedish FinTech’s valuation close to an estimated one-third below the roughly $46 billion it came in at less than a year ago, according to media reports and unnamed sources...

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Germany’s Fraugster Debuts Alternative Credit Tool for Merchants
May 18, 2022

AI payment intelligence firm Fraugster has rolled out a new program, Alternate Credit Decisions, to let buy now pay later (BNPL) and enterprise merchants to get more customers without incurring more credit risk, a press release said Wednesday (May 18). The need for this comes...

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Square Adds Afterpay BNPL In-Store POS Integration
May 17, 2022

Square has been making use of its recent acquisition of Afterpay by adding more buy now, pay later (BNPL) integrations for in-person shopping, according to a Tuesday (May 17) company press release. Shoppers looking to use Afterpay in-person can use a mobile wallet, which contains...