Installment Payments/page/5 news and trends

Staples Adds Klarna’s Flexible Payment Options
BNPL // November 19, 2024

Office supply retailer Staples now offers Klarna’s Pay Now, Pay in 4 and Financing options to customers shopping online at Staples.com. With these flexible payment options, customers can pay now, split their purchase into four interest-free payments or, for bigger buys, extend payments further, the companies said in a Friday (Nov. 15) press...

Affirm Expands BNPL Travel Partnership With Priceline
BNPL // November 18, 2024

Buy now, pay later provider Affirm has expanded its partnership with online travel firm Priceline. The new collaboration makes Affirm the buy now, pay later (BNPL) provider for Priceline Partner Solutions, the company’s B2B business, Affirm said in a Monday (Nov. 18) news release. This means that Priceline...

Sezzle Launches BNPL Partnership With Outdoor Retailer Backcountry
Partnerships // November 11, 2024

Backcountry, an online outdoor equipment and cycling retailer, has launched a partnership with Sezzle. The collaboration lets customers take advantage of Sezzle’s buy now, pay later (BNPL) financing when shopping Backcountry’s online and in-store brands, including Steep & Cheap, Competitive Cyclist and MotoSport, the companies...

Sunbit Gets $355 Million to Grow BNPL Business
BNPL // November 07, 2024

Buy now, pay later (BNPL) firm Sunbit has received a $355 million debt warehouse facility. The new financing, announced Monday (Nov. 4), was led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management following a $310 million facility earlier this year with Citi and...

Interviews & Exclusives
Affirm CEO Says Interest Rate Cut Could Drive BNPL Usage

August 28, 2024
As consumers navigate a challenging economic environment, they are increasingly adopting buy now, pay later (BNPL) options to manage their spending. Affirm, a leading BNPL provider, reported Wednesday (Aug. 28) in its fourth quarter fiscal 2024 financial results that it saw 31% year-over-year growth in gross merchandise volume (GMV), reaching $7.2 billion, and a 48% […]

New Data: Timing Is Key to Success of Installment Plan Offers

July 18, 2024
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) and card-linked installment plans. Merchants...

85% of Retailers See Rise in Online Card-Linked Pay Later Plans

July 01, 2024
With buy now, pay later (BNPL) plans becoming increasingly accepted across merchant sectors, retailers are proving to be the payment method’s biggest champion. A PYMNTS Intelligence report, “Merchants’ Evolving Perspective...

Why Merchants Prefer Card-Linked Pay Later Options

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%...

Quick Reads
Google Pay to Add BNPL Options From Afterpay and Klarna

November 19, 2024
Google Pay is expanding its buy now, pay later (BNPL) options with the addition of Afterpay and Klarna. Afterpay’s BNPL is now available to consumers checking out online through Google Pay at select merchants, the BNPL provider said in a Tuesday (Nov. 19) press release. Wider availability of Afterpay on the digital wallet will be […]

Staples Adds Klarna’s Flexible Payment Options

November 19, 2024
Office supply retailer Staples now offers Klarna’s Pay Now, Pay in 4 and Financing options to customers shopping online at Staples.com. With these flexible payment options, customers can pay now, split their purchase into four interest-free payments...

Affirm Expands BNPL Travel Partnership With Priceline

November 18, 2024
Buy now, pay later provider Affirm has expanded its partnership with online travel firm Priceline. The new collaboration makes Affirm the buy now, pay later (BNPL) provider for Priceline Partner Solutions, the company’s...

Sezzle Launches BNPL Partnership With Outdoor Retailer Backcountry

November 11, 2024
Backcountry, an online outdoor equipment and cycling retailer, has launched a partnership with Sezzle. The collaboration lets customers take advantage of Sezzle’s buy now, pay later (BNPL) financing when shopping...