The buy, now pay later (BNPL) technology firm Splitit Payments has partnered with Visa to advance installment payments for merchants and evaluate possibilities for new products, Splitit announced on Monday (March 2). “We are excited to be working with Visa as part of the global...
Consumers have long grown accustomed to online shopping, but familiarity does not necessarily result in increased purchase volumes. They may spend hours browsing retailers’ online or mobile websites, only to abandon the items placed in their carts — the digital equivalent to window shopping. Shoppers...
The fashion world moves fast to serve consumers and merchants searching for the next new thing — and for the most convenient and cost-effective ways to pay. Keeping up with fashion can be expensive for the younger demographics the industry typically targets, making debt-wary shoppers...
Buy Now, Pay Later (BNPL) solutions are beginning to ingratiate themselves further into the buying experience for customers worldwide. The no-interest, no-fee nature of these solutions intrigues consumers — especially the millennial and Generation Z demographics — searching for alternative payment methods that can...
A quick survey of the most recent edition of the PYMNTS Buy Now, Pay Later Tracker indicates that a genuine sea of change is rising when it comes to how merchants want to interact with their customers, and how consumers want to manage their transactions. And it is...
Customers will be able to purchase tickets for live entertainment with greater flexibility as alternative payment company Affirm and ticket vendor StubHub announced a partnership Tuesday (Jan. 21). The partnership is opportune because Affirm specializes in offering ways for people to pay for things other...
Buy now, pay later (BNPL) providers are currently enjoying heightened interest from businesses, consumers and merchant partners, leading to market growth and new funding for many industry startups. Some have become so popular that they even have fan pages on social media platforms. For example,...
Most eTailers have no trouble engaging consumers on their mobile sites and apps — yet converting them to a sale is an entirely different challenge, particularly when 86 percent of shoppers abandon their mobile carts. In the latest Buy Now, Pay Later (BNPL) Tracker, Cate...
Buy Now, Pay Later products had a fantastic 2019 holiday season. Retailers using these payment solutions saw generous sales during shopping holidays like Cyber Monday and Black Friday, and many individual providers of these payment solutions also saw personal growth in their market share...
