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BNPL’s popularity is growing among older, more economically secure demographics. In this month’s "Buy Now, Pay Later Tracker," PYMNTS talked with Joy Elena, founder of online mattress retailer Sleepenvie, who explains why older consumers are drawn to the convenience of breaking up large payments online...
When the recession hits — and a recession is looking more and more like a matter of when, not if — spending on luxury retail will come to a screeching halt. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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 this form, you agree to receive marketing communications from PYMNTS and...
Revolut is piloting a buy now, pay later (BNPL) product in Ireland for its 1.9 million customers there, with plans to launch the installment credit service in Poland and Romania later this year. Get the Full Story Complete the form to unlock this article and...
Singapore buy now, pay later (BNPL) integration platform Optty has said its services will now include the offerings of Pace, a Singapore FinTech, a press release said Wednesday (June 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.K. government announced on Monday, June 20, plans to tighten rules on the Buy Now, Pay Later (BNPL) sector aimed at protecting users — but new rules aren’t likely to be in place until mid-2023. Get the Full Story Complete the form to unlock...
Klarna will be looking into raising more funds at a significantly lower value than it got last year, which shows how dire the environment is right now for tech funds, The Wall Street Journal (WSJ) writes. Get the Full Story Complete the form to unlock...
The Consumer Financial Protection Bureau (CFPB) published a blog post on Wednesday, June 15, indicating that Buy Now, Pay Later (BNPL) lenders and Nationwide Consumer Reporting Companies (NCRCs) may need to work more closely together to standardize BNPL payment data to ensure adequate credit reports. ...
