As buy now, pay later (BNPL) options become more common around the world, the Land Down Under is leading the charge by a considerable margin. By the Numbers On Wednesday (June 26), PYMNTS Intelligence released this year’s edition of the “How the World Does Digital”...
Buy now, pay later (BNPL) firm Sezzle has expanded Payments Streaks, a program that rewards users for consistently making timely payments, to Canada, with the exception of Quebec. This move follows the successful launch of the program in the United States in May, the company...
Klarna says it subscription commerce service Klarna Plus now has 100,000 U.S. members. “The positive reception of Klarna Plus in the US really shows the value of this product,” Klarna Chief Marketing Officer David Sandstrom said in a Tuesday (June 25) news release. “Our commitment to offering valuable...
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 installment options, but recent PYMNTS Intelligence data reveals the actual percentage is much lower. According to our report, “Navigating New...
June 21, 2024
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. This shift — a 16% rise since December 2023 — highlights how rapidly consumer demand for flexible or pay later solutions has expanded. More merchants are leveraging consumers’ growing interest […]
June 21, 2024
The holiday-shortened week saw the FinTech IPO Index slip 2.1%. Year to date, the index has eked out a meager 2.3% gain. Apple’s continued push into payments — and specifically,...
June 14, 2024
As Walmart and Amazon compete to stay at the forefront of retail’s omnichannel transformation, the two industry giants are integrating digital technologies into physical stores, aiming to provide the most...
June 14, 2024
Affirm saw its stock rally 7.8% this past week, but the overall trend for the FinTech IPO Index was down, as the group sank 3.8%. Affirm Gets a Bump from...
June 28, 2024
Dubai-based FinTech Comfi reportedly secured a $5 million debt facility to expand its B2B payment platform and support its launch of an embedded buy now, pay later (BNPL) solution. The funding will also facilitate $40 million in B2B transactions across the United Arab Emirates and Saudi Arabia over the next year, Waya reported Wednesday (June […]
June 27, 2024
Buy now, pay later (BNPL) firm Sezzle has expanded Payments Streaks, a program that rewards users for consistently making timely payments, to Canada, with the exception of Quebec. This move...
June 25, 2024
Klarna says it subscription commerce service Klarna Plus now has 100,000 U.S. members. “The positive reception of Klarna Plus in the US really shows the value of this product,” Klarna Chief...
June 20, 2024
The Reserve Bank of Australia (RBA) plans to review the issue of surcharging in the buy now, pay later (BNPL) sector. This review comes as the RBA aims to expand...
