PYMNTS-MonitorEdge-May-2024

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Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger
Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger
July 14, 2020  |  Buy Now Pay Later

Installment credit at the digital point of sale has been gathering steam among investors, consumers and providers for the last few years, long before pandemic...

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Today In Payments: Amazon Introduces Smart Shopping Carts; Europe Reopens, Shopping Spree Underway
Today In Payments: Amazon Introduces Smart Shopping Carts; Europe Reopens, Shopping Spree Underway
July 14, 2020  |  News

In today’s top news, Amazon introduced shopping carts that let customers skip checkout lines, and retail sales in Europe surged by nearly 18 percent. Plus,...

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Afterpay Goes In Store Via Google Pay, Apple Pay
Afterpay Goes In Store Via Google Pay, Apple Pay
July 14, 2020  |  Buy Now Pay Later

Afterpay Ltd., the Australian buy now, pay later (BNPL) company, announced Tuesday (July 14) in separate press releases that it will offer its BNPL services...

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Visa Launches Visa Installments Pilots in the US
Visa Launches Visa Installments Pilots in the US
July 14, 2020  |  Digital Payments

Point-of-sale (POS) installment plans have captured the attention of consumers and merchants, alike, as each explores new credit options to manage spend and boost sales,...

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BNPL Sezzle Raises $55M
BNPL Sezzle Raises $55M
July 13, 2020  |  Investments

Minneapolis-based buy now, pay later (BNPL) firm Sezzle has raised $55 million in its latest capital round, according to a press release. The money came...

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Buy Now, Pay Later Targets Trade Finance Deserts
Buy Now, Pay Later Targets Trade Finance Deserts
July 13, 2020  |  B2B Payments

The global trade finance gap now stands at an estimated $1.5 trillion, the Asian Development Bank has calculated, but banks and FinTechs have risen to...

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Why The Pandemic Could Boost Buy Now Pay Later (BNPL)
Why The Pandemic Could Boost Buy Now Pay Later (BNPL)
July 07, 2020  |  Retail

U.S. consumer spending has plummeted since the COVID-19 pandemic led to worldwide closure of nearly everything. However, our recent Buy Now Pay Later Tracker found that the outbreak...

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PayPal Expands ‘Buy Now, Pay Later’ Option To France
PayPal Expands ‘Buy Now, Pay Later’ Option To France
June 30, 2020  |  Buy Now Pay Later

Qualified customers who make purchases in France via PayPal can now pay in four equal installments over three months, San Jose, California-based PayPal Holdings said...

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‘Buy Now, Pay Later’ Readies For Pent-Up Demand
‘Buy Now, Pay Later’ Readies For Pent-Up Demand
June 29, 2020  |  Buy Now Pay Later

With U.S. banks seeing the savings rate hit a historic 33 percent in April, COVID-19 has fundamentally reordered financial priorities for people and businesses. Yet...

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