Sezzle, the installments payments platform, will be working on buy now, pay later (BNPL) services with Target, a press release says, which will test how the popular payment trend works with the retail giant’s operations. The collaboration will involve “limited tests with a small portion...
The FinTech Sezzle has struck up a partnership with Ally Lending, a digital financial services company. This will allow the Minneapolis-based Sezzle to offer more long-term loans. “Our collaboration with Ally Lending enhances our customer financing offerings, making it possible for consumers to better manage...
The retail world watches in amazement — and relief — as “buy now, pay later” (BNPL) becomes all the rage with consumers living under COVID, with legs that appear to extend well beyond. PYMNTS’ September Buy Now, Pay Later Tracker®, done in collaboration with Afterpay,...
Standard Chartered and Amazon.ae, the company’s United Arab Emirates website, are launching a new installment payments method for customers, according to The Fintech Times. Standard Chartered cardholders will now be able to convert purchases to monthly installments for up to a year without having to...
Digital shopping is reaching new heights during the ongoing pandemic. Some recent reports have noted that online consumer spending for U.S. retailers rose 44.4 percent year over year in Q2 as the health crisis kept many shoppers from heading to brick-and-mortar storefronts. Another study claims...
Small retailers are competing in an increasingly crowded eCommerce space, but offering payment options that resonate with consumers’ financial needs can give them a boost, says Markesha Tillman, founder of women's clothing eTailer The Slay Brand. In this month’s Buy Now, Pay Later Tracker, Tillman...
Online shopping has hit a new high, with consumers spending more time at home and on their computers during the ongoing COVID-19 pandemic. One study revealed that the crisis has put eCommerce adoption five years ahead of predictions, with the sector expected to expand 20%...
Buy now, pay later (BNPL) options have made a strong showing internationally in recent months as consumers shift both their buying and spending habits in response to COVID-19 and the resulting worldwide economic downturn. This week saw the latest big entry into the field as...
Fiserv Inc., the Wisconsin-based FinTech, has joined the trend to offer a buy now, pay later (BNPL) option for purchases with interest-free installment payments. “Fiserv is building differentiated payment experiences that are designed to help our clients create more commerce,” said Mark Hennin, Fiserv’s senior...
