The alternative or alt-credit space — known variously as point-of-sale (POS) credit, “buy now, pay later” (BNLP) or installment payments — remains one of the hottest business stories of the past few years, as players stream in and consumers fall in love with the concept....
Peer-to-peer (P2P) instant money apps and real-time payments (RTP) are the most exciting developments in getting paid in decades, and alternative credit is having the same effect on borrowing. This week we look at the rising phenomenon of alternative credit which revived the dormant “layaway”...
December 07, 2023
Payments platform FreedomPay has teamed with Citi to enable Citi Pay products at point-of-purchase. “This collaboration provides consumers with flexibility in selecting their preferred lending solutions at the point-of-sale, further enhancing their shopping experience,” the companies said in a Thursday (Dec. 6) press release. The partnership also gives consumers control of their financial decisions and lets merchants offer a wider array […]
