Pay-later platform Klarna has launched a partnership with rail service Eurostar. The collaboration, announced Wednesday (April 2), lets travelers in the U.K. and France split the cost of their tickets into three interest-free payments, and marks Klarna’s first time working with a train provider. “Eurostar has changed the way...
The pay-later ecosystem has evolved through the past few years, with a broad range of solution providers and available options. The idea of paying over time means different things to different consumers. Not all that long ago, the landscape was limited to the pure-play, nonbank...
Stride Bank will become a new card issuing partner for the Affirm Card, supporting the growing demand for this debit card that enables consumers to pay in full or convert eligible purchases into pay-over-time loans in the Affirm app. The collaboration enables Stride Bank to...
Klarna is reportedly facing backlash ahead of its $15 billion initial public offering (IPO). As the Financial Times (FT) reported Tuesday (April 1), some of that negativity stems from the Swedish FinTech’s recent buy now, pay later (BNPL) deal with DoorDash. The partnership, the report...
The buy now, pay later pure plays like Klarna and Affirm might get a lot of attention these days. However, card networks have a piece of the BNPL pie as well. From apparel to electronics to medical bills, today’s shoppers increasingly expect a flexible payment...
As this week’s “Pay Later Unpacked” virtual event draws to a close, we’ve heard a lot from the consumer-facing side of the house, as consumers are defining the use cases and payment preferences that drive this new format. We’ve heard a lot about how buy...
Here’s the net-net on the pay-later economy: The predictability of paying for purchases over time in fixed monthly installments is appealing to consumers who value the ability to manage their personal cash flow. But what do merchants like about it? As Versatile Credit CEO Ed...
The lure of paying over time lies with the predictability of the repayment. Consumers don’t think of pay later options as credit, at least not in the traditional sense. They see a finite timeline over weeks or months, and a point at which all has...
Affirm is expanding its pay-later offering via a new agreement with J.P. Morgan Payments. With this partnership, announced Tuesday (March 25), Affirm’s solutions become available to merchants on the J.P. Morgan Payments network in the U.S., letting them offer the company’s buy now, pay later...