Payment network Affirm and global investment firm Sixth Street have formed a long-term capital partnership in which Sixth Street will invest up to $4 billion by purchasing Affirm loans in a three-year forward flow agreement. This capital commitment will enable Affirm to extend up to...
Last December, PYMNTS Intelligence detailed in its “Credit Card Use Deep Dive” report that about 14% of the more than 3,500 consumers surveyed had subprime credit scores. Those consumers tend to be tied to a FICO score below 670, as defined by the major credit...
Klarna says its pay later options are now available to Apple Pay users in Canada. The Swedish payments company announced the new integration Wednesday (Dec. 11), saying it was available online and in apps for iPhone/iPad users with iOS 18 and iPadOS 18 or later....
Affirm has partnered with eight more merchants to help their shoppers use flexible pay-over-time options. Consumers in the United States can now select Affirm as a payment option at checkout at Agape Diamonds, Discount Tire, Ever/body, FullBeauty, Garmin, Hotels.com, Living Spaces and Sweetwater, the buy...
December 02, 2024
Black Friday’s in the rearview mirror. Cyber Monday is here. Part of what incentivizes a consumer to buy is if and when their preferred payment method is available. It’s a testament to the power of choice and control (on the part of the shopper) that if they can’t pay the way they want to pay, […]
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)...
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...
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...
December 18, 2024
Pay-later network Affirm says it is expanding its partnership with payments company Adyen. The expansion makes Affirm the first buy now, pay later (BNPL) provider to support Adyen’s payment solution for platform businesses, while also offering more payment options for Adyen merchants in Canada, according to a Wednesday (Dec. 18) news release. “The opportunity for platforms to embed […]
December 13, 2024
Payment network Affirm and global investment firm Sixth Street have formed a long-term capital partnership in which Sixth Street will invest up to $4 billion by purchasing Affirm loans in...
December 11, 2024
Klarna says its pay later options are now available to Apple Pay users in Canada. The Swedish payments company announced the new integration Wednesday (Dec. 11), saying it was available...
December 03, 2024
Affirm has partnered with eight more merchants to help their shoppers use flexible pay-over-time options. Consumers in the United States can now select Affirm as a payment option at checkout...
