installment payments

Most Gen X Cardholders Revolve Their Balances, Leading All Generations
Most Gen X Cardholders Revolve Their Balances, Leading All Generations
January 19, 2024  |  Consumer Finance

In times of financial hardship, revolving a credit card balance to future months rather than paying it off entirely is a strategy consumers commonly adopt....

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1 in 4 BNPL Users Would Like Providers to Lower Fees
1 in 4 BNPL Users Would Like Providers to Lower Fees
January 11, 2024  |  BNPL

In recent years, the financial landscape has witnessed a transformative wave with the rise of buy now, pay later (BNPL) as a popular and widely...

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Nearly 1 in 7 Consumers Have Paid for Gasoline in Installments
Nearly 1 in 7 Consumers Have Paid for Gasoline in Installments
January 10, 2024  |  Consumer Insights

Struggling consumers are relying on installment plans for common purchases such as groceries or restaurants to stretch their budgets and make ends meet. With fuel...

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Installment Plans Help Acquirers Boost Reputation and Merchant Satisfaction
Installment Plans Help Acquirers Boost Reputation and Merchant Satisfaction
January 08, 2024  |  Credit Cards

When a consumer is offered an installment or split-pay plan at the end of the checkout or any point of the shopping journey, the oft-assumed...

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New Study Finds Acquirer Confusion Clouds Installment Plan Landscape
New Study Finds Acquirer Confusion Clouds Installment Plan Landscape
December 21, 2023  |  BNPL

Merchants affiliated with acquirers offering installment plans are interested in their potential to boost sales, as consumers may make larger purchases if they can spread...

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Affirm Brings Installment Payments to Walmart Self-Checkout
Affirm Brings Installment Payments to Walmart Self-Checkout
December 19, 2023  |  BNPL

Buy now, pay later (BNPL) provider Affirm has expanded its long-standing partnership with Walmart. With this expansion, Affirm pay-over-time options will be added to self-checkout kiosks at more than 4,500...

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Motive Partners Invests $50 Million for Controlling Stake in Splitit
Motive Partners Invests $50 Million for Controlling Stake in Splitit
December 12, 2023  |  Investments

Private equity group Motive Partners has secured a controlling stake in installment payments company Splitit. Motive has committed to invest $50 million in Splitit, the companies announced Tuesday (Dec. 13)...

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Nearly 40% of Credit Unions Say No to Installment Loans
Nearly 40% of Credit Unions Say No to Installment Loans
December 11, 2023  |  Credit Unions

Traditionally, consumers have relied on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto...

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Affirm CEO Levchin Says BNPL Helps Consumers Make Sound Decisions
Affirm CEO Levchin Says BNPL Helps Consumers Make Sound Decisions
December 07, 2023  |  BNPL

Affirm Holdings CEO Max Levchin says the buy now, pay later (BNPL) industry offers an alternative to high-interest credit cards. This model allows customers to...

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