installment payments

Equipifi Debuts ‘Pre-Purchase’ BNPL Tool for Banks, Credit Unions
Equipifi Debuts ‘Pre-Purchase’ BNPL Tool for Banks, Credit Unions
July 30, 2024  |  BNPL

Buy now, pay later (BNPL) platform equipifi has introduced a “pre-purchase” solution called “Plan Your Purchase.” The new offering lets financial institutions offer account holders “flexible financing”...

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CFPB Rent-A-Center Affiliate Acima Lawsuit Claims Illegal Lending Practices
CFPB Rent-A-Center Affiliate Acima Lawsuit Claims Illegal Lending Practices
July 28, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has accused rent-to-own company Acima of tricking customers into high-cost financing agreements. The CFPB on Friday (July 26) sued...

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Marqeta Teams With Visa to Offer Flexible Checkout Options
Marqeta Teams With Visa to Offer Flexible Checkout Options
July 25, 2024  |  Partnerships

Card issuing platform Marqeta has launched a partnership with Visa and Affirm. The collaboration, announced Thursday (July 25), makes Marqeta the first U.S. processor to enable Visa Flexible Credential, a card offering...

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BNPL Regulations Revived by New UK Government
BNPL Regulations Revived by New UK Government
July 25, 2024  |  BNPL

Great Britain is reportedly resurrecting plans to regulate buy now, pay later (BNPL) providers. It’s happening under the country’s new Labour leadership, CNBC reported Thursday (July 25),...

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New Data: Timing Is Key to Success of Installment Plan Offers
New Data: Timing Is Key to Success of Installment Plan Offers
July 18, 2024  |  Consumer Payments

The popularity of pay later plans has been on the rise. Consumers are becoming more aware of options such as buy now, pay later (BNPL)...

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Synchrony Sees Digital Mix Key to Navigating Uncertain Environment
Synchrony Sees Digital Mix Key to Navigating Uncertain Environment
July 17, 2024  |  Earnings

In today’s uncertain environment, consumers want one thing: choice. That’s because macroeconomic uncertainty over inflation and interest rates is rocking consumer behavior and affecting big-ticket...

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Klarna Reportedly Prepping for Possible 2025 US IPO
Klarna Reportedly Prepping for Possible 2025 US IPO
July 17, 2024  |  IPO

Klarna is reportedly weighing financial advisors for its U.S. initial public offering (IPO). Goldman Sachs, J.P. Morgan Chase and Morgan Stanley were the top contenders...

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85% of Retailers See Rise in Online Card-Linked Pay Later Plans
85% of Retailers See Rise in Online Card-Linked Pay Later Plans
July 01, 2024  |  BNPL

With buy now, pay later (BNPL) plans becoming increasingly accepted across merchant sectors, retailers are proving to be the payment method’s biggest champion. A PYMNTS...

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Only 6% of Acquirers Offer Installment Payment Options at Checkout
Only 6% of Acquirers Offer Installment Payment Options at Checkout
June 21, 2024  |  Buy Now Pay Later

Fifty-four percent of acquirers — those financial institutions (FIs) that process credit and debit card transactions on behalf of merchants — say they support card-linked...

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