PYMNTS-MonitorEdge-May-2024

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Mastercard, TSYS Team To Expand Installment Payment Offerings
Mastercard, TSYS Team To Expand Installment Payment Offerings
September 02, 2020  |  Buy Now Pay Later

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...

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QuadPay Partners With Vyze To Offer BNPL Options
QuadPay Partners With Vyze To Offer BNPL Options
August 31, 2020  |  Buy Now Pay Later

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...

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Alt Lending Apps Show Staying Power In New Rankings
Alt Lending Apps Show Staying Power In New Rankings
August 31, 2020  |  Mobile Applications

It goes by many names. “Instant credit.” “Point-of-sale (POS) lending.” And the moniker perhaps best-known — “buy now, pay later” — attends this dynamic corner...

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Today In Payments: Bank Deposits Up As Consumers Hoard Cash; Bank Job Cuts Are Predicted
Today In Payments: Bank Deposits Up As Consumers Hoard Cash; Bank Job Cuts Are Predicted
August 31, 2020  |  News

In today’s top news, banks are flooded with cash as consumers hoard money, and banks are expected to cut personnel. Plus, China’s new regulations could...

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PayPal’s ‘Pay In 4’ Expands Installment Credit Options For PayPal Users
PayPal’s ‘Pay In 4’ Expands Installment Credit Options For PayPal Users
August 31, 2020  |  Payment Methods

Capturing consumers online and getting them to convert to a buyer at the online checkout this holiday season will be both more complicated and higher...

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Klarna Sees 615 Pct Increase In Net Losses
Klarna Sees 615 Pct Increase In Net Losses
August 27, 2020  |  Earnings

Klarna, the Swedish-based global payments and by now, pay later (BNPL) provider, reported mixed results for 2020’s first half — a 37 percent jump in...

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Afterpay: What Retailers Are Now Learning To Do Differently
Afterpay: What Retailers Are Now Learning To Do Differently
August 27, 2020  |  Buy Now Pay Later

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...

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BNPL Firm Zip Teams With eBay Australia For SMB Financing
BNPL Firm Zip Teams With eBay Australia For SMB Financing
August 26, 2020  |  B2B Payments

To provide small- to medium-sized businesses (SMBs) with access to working capital, buy now, pay later (BNPL) provider Zip Co. Limited has teamed with eBay...

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Afterpay Expands Into Canada
Afterpay Expands Into Canada
August 26, 2020  |  Buy Now Pay Later

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...

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