For younger shoppers, buy now, pay later is not just a way to split a purchase. It is often a factor in where they choose to spend in the first place. That’s among the sharpest findings in “Financing the Decision: How BNPL and Installments Reshape Merchant...
For many consumers, pay later is shifting from a checkout convenience to a budgeting tool. The biggest drivers of the shift are millennials and their slightly older counterparts, who are using installment plans and buy now, pay later (BNPL) services more often than other generations....
Digital bank/pay later company Klarna says its global merchant base now exceeds 1 million. The number of merchants offering the company’s payment methods rose by 47% in the last year, the Swedish FinTech announced Tuesday (March 17). Klarna added that it added 285,000 merchants in...
Consumers are becoming far more deliberate about how they use Pay Later tools, assigning each payment option a specific role in managing their finances. The emerging pattern suggests that speed, credit strategy and liquidity are no longer competing ideas in the Pay Later market. They...
Buy now, pay later has been hitting an adoption wall, and could be losing momentum with the critical Gen Z and millennial age groups. The recent holiday shopping season tells a lot about BNPL’s struggles. PYMNTS Intelligence survey data shows that 14% of shoppers paid...
Pay later provider Affirm is expanding its partnership with payments company Stripe. The expanded collaboration is designed to support shared payment tokens (SPT), which allow AI agents to make purchases with a shopper’s permission and preferred payment method without exposing sensitive credentials, the companies announced...
The New York State Department of Financial Services has published and opened for comment proposed regulations for buy now, pay later (BNPL) financing options. The draft regulations for BNPL lenders were posted Monday (Feb. 23) and will be open for preproposal comment until March 5,...
Modern furniture brand Article now offers Klarna’s flexible payment options at checkout in the United States and Canada. With these options, Article customers can choose to pay in full, split purchases into four interest-free payments or finance larger orders over time, the companies said in...
Sezzle and David’s Bridal teamed up with the Times Square Alliance to highlight payment solutions during a “Love in Times Square” event held on Valentine’s Day (Saturday, Feb. 14). Love in Times Square is an annual event that hosts weddings, marriage proposals and vow renewals...