Buy now, pay later (BNPL) point-of-sale credit is such a productive lending model that giant financial brands are getting into the act, adding debt consolidation, home improvement and unsecured loans to the core business of instant consumer credit that BNPL is built on. Consider Goldman...
Klarna, the Swedish global payments and eCommerce platform, has introduced Google Pay for in-store purchases in the U.S. Sephora, Journeys and rue21 are among the first Klarna merchants to offer Google Pay in addition to Apple Pay, providing flexibility, security and contactless payments to customers....
The buy now, pay later (BNPL) firm Sezzle is testing its service in India, with the potential of fully launching by the end of the year, according to Reuters. By moving into India, Sezzle will be able to capitalize on a booming digital payments and...
Afterpay, which works in buy now, pay later (BNPL) services, rolled out a new global look and brand identity on Tuesday (Aug. 4), an emailed press release said. The changes include a new logo, which, instead of two disconnected triangles as it was previously, will...
American Express (Amex) has introduced a new way for its card members to pay for things. Platinum card holders can now join Green and Gold members with Amex’s buy now, pay later (BNPL) option, dubbed Pay It Plan It. The feature allows cardholders to create...
Citi credit card holders can now use the company’s Flex Pay option to buy products on Amazon, the financial services giant announced Monday (Aug. 3). The buy now, pay later (BNPL) plan, in partnership with Amazon, allows Citi card users to choose from a variety...
Payments choice is akin to a streaming music service: If you don’t like one selection, skip to a better one. It’s utterly consumer-centric – which, along with spend management, explains the core appeal of buy now, pay later (BNPL) alternative credit apps in any economy....
The pandemic-related economic downturn is making consumers wary of payment methods that can worsen their debts. Buy now, pay later (BNPL) solutions are steadily gaining favor in the U.S., however, as 30 percent of the nation’s consumers have such accounts. The payment method helps consumers...
As brick-and-mortar shops reopen, offering buy now pay later options can help retailers to bring consumers into their stores, says Rocky D. Williform, CEO of lifestyle brand BlackCool. In this month’s Buy Now, Pay Later Tracker, Williform explains what these options, offered at the point...
