Airbnb is expanding its “Reserve Now, Pay Later” program to properties around the globe. The vacation rental platform introduced the service last year, and announced its expansion Tuesday (Feb. 17) after seeing strong user engagement in the U.S. “Since the launch, we’ve seen an overwhelmingly...
Buy now, pay later (BNPL) provider Affirm launched a partnership with home improvement retailer Lowe’s, according to a Tuesday (Feb. 17) press release. The collaboration will see Affirm offer biweekly or monthly payment plans to Lowe’s customers online or on the company’s mobile app, the...
Buy now, pay later is no longer just a checkout feature. It is becoming a line item in the monthly household budget. That is the central shift identified in “The Pay Later Ecosystem Report: Pay Later Moves into the Monthly Budget,” a February study from...
Klarna says its pay later options are now available on Google Pay in the U.K. With this offering, Google Pay users in the U.K. have the choice of using Klarna’s interest-free payment options at checkout, the Swedish FinTech announced Monday (Feb. 16). The offering lets...
The United Kingdom’s financial watchdog announced its new protections for buy now, pay later (BNPL) users. The BNPL sector comes under the control of the Financial Conduct Authority (FCA) July 15, and the regulator confirmed its new safeguards for consumers in a Tuesday (Feb. 10)...
Affirm’s fiscal second quarter illustrated how buy now, pay later is becoming embedded in routine commerce, where paying over time was once reserved for occasional large purchases. The company said Thursday (Feb. 5) that gross merchandise volume (GMV) increased 36% year over year to $13.8...
QuickBooks will soon enable small- to medium-sized businesses (SMBs) in the United States to offer their customers flexible payment options from Affirm. The capability will result from a new multiyear partnership between QuickBooks owner Intuit and Affirm, in which Affirm will become the exclusive pay-over-time...
Affirm is now the exclusive provider of buy now, pay later (BNPL) payment options for lodging and packages on the Expedia Group brands Expedia, Hotels.com and Vrbo in the United States. In addition, Affirm will become available to Canadian travelers on select properties within weeks, the companies said in a Friday (Jan. 30) press...
After-purchase installment plans are moving more firmly into the center of everyday payments, reshaping how banks, FinTechs and retailers compete for the same transactions. What began as a merchant checkout feature is increasingly changing how consumers use debit cards, banking apps and digital wallets, and...