One constant through the past few months, even in the paycheck-to-paycheck economy, has been the urge to travel, to get away from it all, to cross borders and to have new experiences. But there’s a marked evolution in how we finance those trips — by...
Klarna says it has teamed with business-to-business (B2B) car rental solutions company CarTrawler. The partnership, announced Wednesday (Dec. 13), lets travelers use Klarna’s buy now, pay later (BNPL) offering to pay for car rentals when booking on more than 70 airlines and 250-plus travel websites. “Consumer demand for innovative,...
Equipifi will add a new white-label buy now, pay later (BNPL) option for debit card issuers in 2024. The new Pay-in-4 option will allow consumers to convert transactions to installment plans at no interest, to be paid back in four equal payments every two weeks,...
Concert tickets are expensive, even if you’re not a Swiftie angling for a seat at the Eras tour or a golden oldie seeking Stones tickets (sponsored by the AARP, naturally). Travel isn’t cheap, and neither is clothing. Drew Olson, senior director at Google Pay, told...
The Office of the Comptroller of the Currency (OCC) has issued a guidance to national banks and federal savings associations addressing buy now, pay later (BNPL) lending. “The OCC expects banks that offer BNPL loans to do so in a manner that is safe and sound, provides fair access...
Suburban consumers have a weaker perception of financial stability than those in urban communities, making them an interesting target group for certain credit products with low adoption, such as buy now, pay later (BNPL). The study “New Reality Check: The Regional Divide Edition,” a PYMNTS...
Indian buy now, pay later (BNPL) startup ZestMoney is reportedly closing down after unsuccessful attempts to find a buyer. Once valued at $445 million, the company had attracted high-profile investors such as Goldman Sachs, PayU, Quona, Zip, Omidyar Network, and Ribbit Capital, TechCrunch reported Tuesday (Dec. 5). It...
Buy now, pay later (BNPL) has emerged as a popular credit option, enabling consumers to make purchases immediately but pay for them in smaller installments over time. This flexibility has revolutionized shopping experiences, offering convenience and greater control over spending. In “The Credit Accessibility Series:...
Buy now, pay later (BNPL) app Cashea is reportedly experiencing growth as it provides a much-needed solution to credit-starved consumers in Venezuela. The app has gained more than 1.2 million clients in the country in just over a year, Bloomberg reported Friday (Dec. 1). The...
