installment payments

Why Merchants Prefer Card-Linked Pay Later Options
Why Merchants Prefer Card-Linked Pay Later Options
June 21, 2024  |  Consumer Payments

Merchants are increasingly recognizing the value of offering general-purpose credit card-linked installment plans. In fact, 37% of merchants now provide these installment plans at checkout....

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Payment Network Zilch Aims to Triple Sales After Raising $127 Million
Payment Network Zilch Aims to Triple Sales After Raising $127 Million
June 19, 2024  |  Investments

British payments FinTech Zilch has raised $127 million in debt financing via Deutsche Bank. The funding will help the company accelerate its ability to launch...

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Apple Shutters Pay Later as It Paves Broader Path for Installment Loans
Apple Shutters Pay Later as It Paves Broader Path for Installment Loans
June 17, 2024  |  Apple Pay

Nearly two years after its initial announcement and about eight months after its nationwide debut, Apple Pay Later is being discontinued.  In the wake of...

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Acquirer Survey Shows Card-Linked Installments Help Merchants Boost Sales
Acquirer Survey Shows Card-Linked Installments Help Merchants Boost Sales
June 10, 2024  |  Consumer Payments

There is a gap between acquirers’ self-reports and implementation. While 72% of acquirers say they support credit card-linked installment options online or in-store, only 3...

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Affirm Says Two New BNPL Offers Better Align Payments With Paychecks
Affirm Says Two New BNPL Offers Better Align Payments With Paychecks
June 06, 2024  |  Buy Now Pay Later

Buy now, pay later (BNPL) provider Affirm has launched two new payment options. The company on Thursday (June 6) announced the debut of Pay in...

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Shoppers Spend Twice as Much with General Purpose Credit Card Installment Plans than BNPL
Shoppers Spend Twice as Much with General Purpose Credit Card Installment Plans than BNPL
May 16, 2024  |  BNPL

Pay later plans break up the cost of purchases into smaller scheduled payments over time. These plans have gained popularity with consumers. However, PYMNTS Intelligence...

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Klarna and Nets Team on BNPL for Nordic eCommerce Merchants
Klarna and Nets Team on BNPL for Nordic eCommerce Merchants
May 15, 2024  |  Buy Now Pay Later

Buy now, pay later (BNPL) firm Klarna and payments service provider Nets partnered to bring more payment options to merchant clients in Sweden, Norway and Denmark. Through the collaboration, eCommerce merchants can...

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Agile and ePayPolicy Team to Offer Insurance Financing
Agile and ePayPolicy Team to Offer Insurance Financing
May 14, 2024  |  Insurance

Agile Premium Finance and ePayPolicy have teamed to offer insurance industry clients checkout financing options. “With ePayPolicy’s latest feature release, Finance Connect, Agile now offers its customers convenient online...

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Versatile Credit CEO Sees Steady Appetite for Consumer Financing
Versatile Credit CEO Sees Steady Appetite for Consumer Financing
May 09, 2024  |  Loans

Banks and corporates by and large showed cautious optimism regarding consumer spending during the first-quarter earnings season. Now, the operative question surrounds the use of...

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