PYMNTS-MonitorEdge-May-2024

installment payments

Sezzle Offers Rewards for On-Time BNPL Payments
Sezzle Offers Rewards for On-Time BNPL Payments
May 01, 2024  |  BNPL

Payments platform Sezzle wants to reward users to stay on top of their bills.  To that end, the company on Wednesday (May 1) announced the launch of...

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Splitit Powers Banks Installment Plans at Checkout
Splitit Powers Banks Installment Plans at Checkout
April 24, 2024  |  Payment Methods

Splitit has launched a solution that enables banks and card issuers to offer installment plans to their customers at a merchant’s checkout. The new FI-PayLater allows financial...

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Uber and Klarna Team on New Payment Options for Rides, Deliveries
Uber and Klarna Team on New Payment Options for Rides, Deliveries
April 24, 2024  |  Partnerships

Uber and Klarna have joined forces to offer users new ways to pay for rides and deliveries. The collaboration, announced Wednesday (April 24), lets users in the U.S., Germany...

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Zolar Raises $109 Million to Launch Financing Solution for Solar
Zolar Raises $109 Million to Launch Financing Solution for Solar
April 08, 2024  |  Consumer Finance

Zolar, a digital platform for residential solar in Germany, has reportedly raised €100 million (about $109 million) in funding to launch a new financing solution...

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Older Shoppers Demand to See Installment Plan Options Before Checkout
Older Shoppers Demand to See Installment Plan Options Before Checkout
March 27, 2024  |  Payment Methods

The lion’s share of shoppers wants merchants to let them know what installment plan options are available before the checkout process even begins, and older...

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Gen Z Proves Hardest for BNPL Providers to Please
Gen Z Proves Hardest for BNPL Providers to Please
March 21, 2024  |  BNPL

While the vast majority of consumers are highly satisfied with their buy now, pay later (BNPL) experiences, PYMNTS Intelligence research finds that many Gen Z...

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AffiniPay Fee Lending Solution for Legal Industry Processes $125 Million
AffiniPay Fee Lending Solution for Legal Industry Processes $125 Million
March 20, 2024  |  Loans

AffiniPay has announced that its fee lending solution for the legal industry, Pay Later, has processed over $125 million in legal fees since its launch...

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Marketplaces Focus on Loyalty Programs for Media and Telecom Sectors
Marketplaces Focus on Loyalty Programs for Media and Telecom Sectors
March 20, 2024  |  Loyalty & Rewards

Media and telecom organizations are working with payment facilitators (PayFacs), independent software vendors (ISVs) or marketplaces to make embedded finance part of their business models....

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Split Payments May Boost Merchants’ Private-Label Card Momentum
Split Payments May Boost Merchants’ Private-Label Card Momentum
March 19, 2024  |  Payment Methods

For closed-loop systems — merchant-specific cards — split-payment options may spark both interest and momentum. Less than a year ago, PYMNTS Intelligence found that more...

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