Home service professionals using the Housecall Pro platform can now offer their customers Klarna’s payment solutions, Klarna said in a Wednesday (Aug. 12) press release. Klarna’s payment solutions available through Housecall Pro’s field service platform include pay in full, interest-free Pay in 4 and longer-term financing, according to the release. These solutions give homeowners...
Synchrony and PayPal now offer PayPal Credit Card cardholders special financing everywhere Mastercard is accepted. This special financing is now available both in online checkout and in stores across the Mastercard network. It offers six months special financing on purchases of $149 or more, with...
Automotive service providers that use 1stMILE’s automotive commerce platform can now offer their customers Splitit’s flexible point-of-sale installment payments. With the new 1stMILE Buy Now, Pay Later powered by Splitit, the merchant receives full payment up front, while the customer can split eligible purchases into...
Merchants may treat buy now, pay later (BNPL) as a standard checkout option, but state licensing rules could determine where particular installment plans can actually be offered. Oregon is the latest example. The state’s Division of Financial Regulation (DFR) has proposed a bulletin telling nonbank...
Merchants using J.P. Morgan Payments’ Commerce Platform in the United States can now offer Klarna’s flexible payment options at checkout, with no integration required. With this new capability, businesses across all retail categories can offer their customers Klarna’s pay in full, interest-free installments and longer-term financing,...
I thought that would get your attention. The tale of two Lucys will make my point. Meet 22-year-old Gen Z Lucy. She’s buying a $120 pair of shoes, and using a BNPL provider, is able to split the tab into four $30 payments. She has...
Oregon is reminding pay later companies they must have state lending licenses before offering their services. The proposed bulletin from the Oregon Department of Consumer and Business Services, Division of Financial Regulation (DFR) was issued earlier this month, and is the subject of a Tuesday (July 28) article from law...
Ebanx and Pagaleve have partnered to enable consumers in Brazil to pay in installments using the country’s instant payment system, Pix. The companies’ Pix 4x solution allows consumers to pay in four biweekly installments, including the first payment that is made at checkout, they said in a Tuesday (July 28) press release. Because...
Buy now, pay later users are no longer choosing one provider and staying loyal. They are building a payment toolkit, selecting different installment options for different purchases. That shift defines “BNPL’s Multi-Provider Moment: Why Shoppers No Longer Pick Just One,” the latest edition of the PYMNTS Intelligence Pay...