As consumers seek payment options and merchants try to meet the demand, Mastercard announced Wednesday (Sept. 2) that it has partnered with TSYS, a global payments FinTech that allows shoppers to buy now, pay later (BNPL). “This new collaboration with Mastercard gives our issuing clients...
QuadPay, which works in buy now, pay later (BNPL) services, has partnered with Mastercard Vyze, an alternative financing platform, to offer a new installment-based payment system, according to a press release. Vyze uses an end-to-end technology platform that can work with businesses and lenders to...
The retail world has been forced to radically rethink almost everything it does amid COVID-19. Melissa Davis, Afterpay’s North American division head, told Karen Webster in a recent conversation that the transition stemmed from initial uncertainty about how big of a deal the pandemic would...
Afterpay continues on its program of rapidly expanding the reach of its buy-now-pay-later (BNPL) services, this time by moving into the Canadian market. The big picture, the company said, is that “over 55,000 brands and retailers are offering, or in the process of offering, Afterpay...
There’s a refreshing breeze of responsibility blowing through the payments industry as more companies mobilize their assorted networks to assist in the COVID recovery. Marketplaces and platforms are doing this, particularly in the mobile order-ahead (MOA) space, where players like Grubhub encourage diners to round...
Consumers care about supporting causes and charities that closely align with their values, and they are continuing to look for new ways to do so. This includes doing business with companies and using payment methods that allow them to support these issues. One recent study...
Afterpay is aiming to boost its European expansion efforts by acquiring PMT Technology SLU and the FinTech Pagantis from NBQ Corp. for a minimum of €50 million ($59 million). Afterpay is known for its buy now, pay later (BNPL) programs. Pagantis, the umbrella company that...
Consumers want to shop with brands that offer flexible and predictable credit terms and make it possible to contribute to nonprofits that resonate with them, says Jeremy Smith, head of product for mobile accessories retailer Casely. In the latest Buy Now, Pay Later Tracker, Smith...
Engaging customers in socially responsible causes can help retailers build trust and develop lasting relationships that translate into many return visits. A recent study found that 47 percent of consumers around the world would be more inclined to trust businesses that support environmental or social...
