BNPL

BNPL
Klarna to Become a Default Payment Method for WooPayments Merchants
December 23, 2024

Klarna will be offered as a default payment method to merchants using the WooPayments solution offered by eCommerce platform WooCommerce. Klarna is currently offered only as an alternative payment option that can be added at the request of a retailer, the companies said in a...

BNPL
Splitit CEO: Card-Linked Installments Unlock $3 Trillion of Consumer Spending Power
December 23, 2024

This year’s payment options are wider than last year’s. The PYMNTS Intelligence report “Maximizing Holiday Value: The Strategic Value of Early Pay Later Visibility,” created in collaboration with Splitit, found that consumers prefer merchants that offer the option to pay over time. They also favor...

BNPL
Affirm Extends BNPL Offering to Adyen’s Platform Customers
December 18, 2024

Pay-later network Affirm says it is expanding its partnership with payments company Adyen. The expansion makes Affirm the first buy now, pay later (BNPL) provider to support Adyen’s payment solution for platform businesses, while also offering more payment options for Adyen merchants in Canada, according to a Wednesday...

BNPL
Cash-Strapped Consumers 3.5 Times More Likely to Use BNPL
December 16, 2024

More than one-third of U.S. consumers are struggling with cash flow shortages, forcing them to make tough choices about how they pay for everyday necessities. Millennials, lower-income consumers, and those living paycheck to paycheck are especially vulnerable. Those are some key takeaways from the recent...

BNPL
Affirm’s Lending Capacity Gets Boost From Sixth Street Investment
December 13, 2024

Payment network Affirm and global investment firm Sixth Street have formed a long-term capital partnership in which Sixth Street will invest up to $4 billion by purchasing Affirm loans in a three-year forward flow agreement. This capital commitment will enable Affirm to extend up to...

BNPL
EBay Adds Klarna BNPL Options in 6 More European Countries
December 12, 2024

EBay is making Klarna’s buy now, pay later (BNPL) payment options available to its shoppers in six more European countries. Following a successful launch in Germany, this offering is now also available to eBay shoppers in Austria, France, Italy, the Netherlands, Spain and the United...

BNPL
Slope Launches Commercial BNPL Card Powered by Marqeta
December 12, 2024

Slope launched a commercial buy now, pay later (BNPL) card solution powered by Marqeta. The new Slope Card enables brands and marketplaces to allow their B2B customers to pay in-store or online with 30- or 60-day loan options, the companies said in a Thursday (Dec....

BNPL
Equipifi and Synergent Partner on BNPL Programs for Credit Unions
December 11, 2024

Equipifi and Synergent have partnered to help credit unions launch their own buy now, pay later (BNPL) programs through their banking apps. This partnership will offer equipifi’s BNPL platform for financial institutions to Synergent’s credit union customers, the companies said in a Wednesday (Dec. 11)...

BNPL
Klarna Opens Pay-Later Offerings to Canadian Apple Pay Users
December 11, 2024

Klarna says its pay later options are now available to Apple Pay users in Canada. The Swedish payments company announced the new integration Wednesday (Dec. 11), saying it was available online and in apps for iPhone/iPad users with iOS 18 and iPadOS 18 or later....