The wildfire popularity of buy now, pay later (BNPL) has created concerns about how it will affect the way young people spend, a Financial Times report said Saturday (Feb. 12). Consumer advocates said the quick growth of the new form of payments, which involves paying...
Banks are getting ready to embrace buy now, pay later (BNPL) — likely in a major way. The urgency is there, as more than 40% of consumers would prefer to use BNPL options from their banks instead of other companies. Yet, banks have been relatively late to...
New and trendy payment methods are popular with fraudsters, too. Yinglian Xie, CEO of DataVisor, told PYMNTS’ Karen Webster that buy now, pay later (BNPL) is proving to be fertile ground for attack. BNPL can improve customer experience and seal the deal at the point of...
Affirm saw its stock fall as much as 21% Thursday (Feb. 10) after the buy now, pay later (BNPL) company mistakenly tweeted a portion of its second-quarter results ahead of schedule. As CNBC reported, the since-deleted tweet from the company’s official Twitter account included information...
Inflation and uncertainty about economic conditions are the top concerns for Main Street businesses in 2022, according to The Main Street Index, a PYMNTS and Melio collaboration that draws from a survey of 765 business owners. Get the report: The Main Street Index The survey...
Catching on first in eCommerce, buy now, pay later (BNPL) is working its way into physical stores as shoppers venture out more and seek affordable ways to pay when they do. With a few years of BNPL experience and data to work with, players in...
QisstPay, a buy now pay later (BNPL) startup founded in Pakistan, is entering the U.S. with an online shopping tool for retailers. As Bloomberg News reported Monday (Feb. 7), QisstPay CEO Jordan Olivas said the company is introducing its one-click checkout product in an effort...
As PayPal’s stock is trounced out of the gate in the wake of its latest earnings report — down 20% Wednesday morning (Feb. 2) — Wall Street may point to inflation, to the continued headwinds of a shift to a managed payments model, to earnings...
It’s not just those who are pinching every penny and living paycheck to paycheck who are interested in making their payments in installments, according to our latest research about the growth — and potential explosion — of bank-issued buy now, pay later (BNPL) offerings. Maybe...
