Embedded finance, and in particular lending, is finding its way into various URL, app and brick-and-mortar settings these days, and is also rendered at the...
Consumers are interested in options that help them manage their finances better. Many are turning to pay later plans for this reason. Installment plans linked...
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)...
Chase told customers that it will stop allowing its credit cards to be used to pay for third-party buy now, pay later (BNPL) plans. The...
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....
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...
Pay later plans have gained value since they offer consumers flexibility and better spend management. PYMNTS Intelligence reveals consumers’ preferences for these plans, particularly around...
Split-payment or installment plans such as buy now, pay later (BNPL) enable consumers to shop more strategically, buying items one day and paying for them...
Colin Mellon, chief commercial officer at Splitit, told PYMNTS that installment plans, when linked to traditional card-based payments, can offer benefits throughout the commerce ecosystem. But...