The pay later economy got a big boost late in the day Tuesday (May 6) when the Consumer Financial Protection Bureau (CFPB) announced in a terse, one-paragraph press release that it will rescind the bureau’s earlier proposal to treat buy now, pay later (BNPL) companies...
The “What’s Next in Payments” series exploring the dynamic service economy has focused on the evolution of payments companies as they add a range of offerings that once were the purview of card networks. The networks have traditionally provided merchant clients with improved checkout experiences...
Consumers facing cash flow shortages are more likely to use pay later services compared to their financially stable counterparts, highlighting a divide in payment preferences driven by economic circumstances. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
American consumers can now buy now, pay later (BNPL) on eBay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
Affirm will begin reporting all its pay-over-time loans to TransUnion, beginning with those issued May 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Klarna has teamed with Clover to bring its pay-later offering to that company’s point-of-sale system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
PayPal says it is adding new features to its buy now, pay later (BNPL) offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Affirm and Shopify have expanded their pay-later offering beyond U.S. borders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
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