Healthcare experience platform Weave is introducing payment plans to its payments suite, enabling customers to pay their bills in installments. Payment Plans will allow healthcare businesses to set up and manage recurring payment schedules, Weave said in a Tuesday (Feb. 13) news release. Customers can create a payment...
Merchants affiliated with acquirers offering installment plans are interested in their potential to boost sales, as consumers may make larger purchases if they can spread out the payments over time. Although 56% of acquirers claim they facilitate general-purpose credit card installment plans before or during...
Millennials and bridge millennials most frequently turn to deferred payments for purchasing consumer items. These consumers are generally considered to have been born between 1980 and 1989, and between 1990 and 1999, respectively. As PYMNTS has found, they are also the highest spenders on average,...
Installment plans have become a preferred payment method for consumers. PYMNTS Intelligence has found that 60% of shoppers used an installment plan to buy consumer products in the last year. That percentage is even higher among younger shoppers. The popularity of installment plans is largely...
May 16, 2024
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 buy now, pay later (BNPL) options. For example, Generation Z has kept a steady use rate for pay later plans in the past six months. This counterbalances a slight dip […]
December 21, 2023
Merchants affiliated with acquirers offering installment plans are interested in their potential to boost sales, as consumers may make larger purchases if they can spread out the payments over time....
October 26, 2023
Installment plans have become a preferred payment method for consumers. PYMNTS Intelligence has found that 60% of shoppers used an installment plan to buy consumer products in the last year....
August 02, 2023
Pet parenthood is nothing like adopting a virtual pet like a GigaPet. To pet parents, the reference might even be insulting. In fact, 7 out of 10 pet parents view their...
February 13, 2024
Healthcare experience platform Weave is introducing payment plans to its payments suite, enabling customers to pay their bills in installments. Payment Plans will allow healthcare businesses to set up and manage recurring payment schedules, Weave said in a Tuesday (Feb. 13) news release. Customers can create a payment plan by inputting the amount due, first billing date, and […]
