Fifty-four percent of acquirers — those financial institutions (FIs) that process credit and debit card transactions on behalf of merchants — say they support card-linked installment options, but recent PYMNTS Intelligence data reveals the actual percentage is much lower. According to our report, “Navigating New...
The Reserve Bank of Australia (RBA) plans to review the issue of surcharging in the buy now, pay later (BNPL) sector. This review comes as the RBA aims to expand its regulatory powers and assess whether payment sector reforms are necessary, SmartCompany reported Wednesday (June...
Around the world, grocers are exploring buy now, pay later (BNPL) capabilities to offer installment options to consumers struggling with inflation. In the United Kingdom, for instance, BNPL is getting one step closer to making its way into grocery stores. Klarna announced Friday (June 7)...
Apple Pay users in the United States will be able to apply for buy now, pay later (BNPL) loans through Affirm during checkout. This is one of several new features that will be added to Apple Pay in the fall, Apple said in a Tuesday...
More consumers would use buy now, pay later (BNPL) for larger purchases if they could be sufficiently rewarded for doing so. By the Numbers The PYMNTS Intelligence report “Tracking the Digital Payments Takeover: What BNPL Needs to Win Wider Adoption” was based on a survey...
Sainsbury’s is now offering shoppers in the United Kingdom the option of using Klarna’s buy now, pay later (BNPL) payment methods at the online checkouts of its brands Argos, Habitat and TU. With the new partnership between the two companies, shoppers will have access to...
Buy now, pay later (BNPL) provider Affirm has launched two new payment options. The company on Thursday (June 6) announced the debut of Pay in 2 and Pay in 30, designed to offer customers more flexibility and affordability. As the name suggests, the new offerings...
SensePass partnered with Affirm to enable SensePass merchants to offer their customers the option to pay over time. Via the collaboration, Affirm’s offerings are available on SensePass’ retail payment orchestration platform, effective Wednesday (June 5), the companies said in a Wednesday press release. “The SensePass...
Buy now, pay later (BNPL) platform Sezzle launched a partnership with California’s Vallarta Supermarkets. “Sezzle’s evolution into the grocery sector meets the increasing demand from shoppers to use BNPL for everyday essentials,” the company said in a news release Monday (June 3). The release points...