Echelon Fitness is finding itself in hot water with Amazon over Echelon’s new “EX-Prime Smart Connected Bike,” which it claims was developed “in collaboration with Amazon.” The bike lists for $500, well below roughly $2,000 that Peloton’s popular connected bikes cost. The only problem? “This...
January 31, 2022
As the popularity of buy now, pay later (BNPL) continues to grow, the industry is getting a clearer glimpse into the spectrum of users who turn to it for purchases, including an unexpectedly wide — and growing — number of customers who have other credit options but prefer BNPL anyway. PYMNTS research finds that financially […]