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...
Merchants can now add Splitit’s one-click installment payments and credit card processing service to their Shopify checkout. This capability is enabled by Splitit’s new embedded Shopify app, Splitit Card Installments, which gives shoppers a choice between paying in full or in installments directly within the...
Buy now, pay later (BNPL) options from Klarna will soon be available for DoorDash orders. The payments company announced its new integration partnership with the delivery platform in a Thursday (March 20) press release, saying it offers DoorDash customers in the U.S. flexibility and convenience...