Buy Now Pay Later

Buy Now Pay Later
Afterpay Readies Money App Roll Out
July 20, 2021

Australian buy now pay later (BNPL) startup Afterpay is piloting a new money and lifestyle app that will offer users a savings account and debit card. The test run is initially rolling out to the firm’s Australia staff, with plans to go live to the...

Buy Now Pay Later
Apple Pay Later Could Pose Larger Threat To Card Issuers Than To BNPL Players
July 19, 2021

The “Pay Later” pure-play stocks took a drubbing last week on the news that Apple Pay and Goldman, who partnered on the Apple Card, are doing it again to build a BNPL product. Details are sketchy at the moment, and rife with rumor and innuendo....

Buy Now Pay Later
BNPL’s Next Burst Will Be For Business Purchases
July 19, 2021

Broadly speaking, the buy now pay later (BNPL) growth spurt over the last few years has been nothing short of amazing, and arguably doubly so when you consider the fact that the past 18 months of its growth occurred under the global cloud of COVID....

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CFPB Blog Warns Consumers Biggest Risk Of BNPL Is Themselves
July 19, 2021

It’s been a busy time for the buy now, pay later segment over the past few days, including an announcement from Discover that it is investing $30 million in Sezzle and reports that Apple is looking to leap into the fray with its own installment program for Apple...

Buy Now Pay Later
Discover Backs Sezzle With $30M To Offer Shoppers Buy Now Pay Later Tool
July 15, 2021

Discover is backing Sezzle with a $30 million investment on a per-share price of $6.58 for approximately 4.6 million total shares issued. The shares will be issued during the week of July 19. After finalizing a definitive commercial agreement, the expanded partnership includes integrating a...

Buy Now Pay Later
44M ‘Invisible Consumers’ Want Credit And Control, New PYMNTS Study Shows 
July 14, 2021

When it comes to issuing credit, one of the biggest blocks of available consumers in the U.S. also happens to be nearly impossible to see. That’s because some 44 million American consumers — particularly younger ones — are currently “invisible” within the credit system, and...

Buy Now Pay Later
BNPL Space Gets Crowded As Apple Pay Later Enters Fray
July 14, 2021

The buy now, pay later (BNPL) landscape is getting ever more crowded. And now Apple joins the fray. As reported on Wednesday (July 14), the tech giant is working on an Apple Pay “perk” that will let users pay for purchases over time. The effort...

Buy Now Pay Later
Report: Financially Underserved Consumers 3X More Likely To Use BNPL Options At Checkout
July 14, 2021

The digital shift has created a range of new options for consumers who want better customer experiences, including new ways to pay. Buy now, pay later (BNPL) is an increasingly popular installment payment option that has been upgraded for the digital age. Consumers used to...

Buy Now Pay Later
PayPal Takes On Buy Now Pay Later Space In Australia
July 13, 2021

PayPal Australia is moving into the buy now pay, later (BNPL) space, offering no late charge fees and lower minimum purchase thresholds, Reuters reported on Tuesday (July 13). PayPal is looking to unseat competitor Afterpay and others in the country. PayPal Pay in 4 was...