U.K. households dealing with high energy costs have been getting talked into buy now, pay later (BNPL) programs in what energy and debt advice groups have said is a “really worrying” development, the Financial Times reported Sunday (May 8). The financing schemes could help people...
Buy now, pay later (BNPL) is a growth industry that is already worth more than $125 billion, with projections to grow to $3.3 trillion by 2030. Some of that growth is expected to come simply from more consumers gaining awareness of the payment option, but...
It’s not often that a survey comes back with a finding of zero. Even the moon’s crust contains 45% oxygen. On the debate over buy now, pay later (BNPL) siphoning sales from store-issued credit cards, however, the results are in, and the big takeaway stat...
Asian omnichannel buy now, pay later (BNPL) platform hoolah and London FinTech Primer on Wednesday (April 20) teamed up to bring BNPL capabilities to merchants in Singapore, Malaysia and Hong Kong, according to a joint press release. “We’re delighted to partner with hoolah to enable...
In emerging markets like Nigeria, where credit is either difficult to access or comes at a high cost, making certain everyday essential purchases can be challenging for consumers when they have no other option but to pay in full, all at once. As a result,...
Buy now, pay later (BNPL) platform Sezzle Canada has expanded its mobile app to allow purchases from Walmart, Indigo, HomeSense, Uber and other merchants, according to a Thursday (April 7) press release. Through the app, shoppers can make purchases and spread their payments out over...
Customers at more than a dozen stores in Westfield’s London and Stratford City shopping centers can now utilize a buy now, pay later (BNPL) option while shopping, Bloomberg reported Wednesday (April 6). Clearpay Finance Solutions, a Manchester, England-based payment processing provider, has partnered with mall...
PayHalal, the Malaysian, Shariah-compliant payment gateway, is letting merchants participate in a buy now, pay later (BNPL) shopping facility, a report said Monday (April 4). This will be riba-free and have 0% interest. Riba refers to interest charged on loans or deposits in Islamic finance....
Codebase Technologies is rolling out a new buy now, pay later (BNPL) solution to help banks and other businesses modernize and add those types of payment structures, according to a report Monday (April 4) by ITP.net. “We’ve seen a gap in the BNPL market for...
