BNPL

BNPL
Klarna Teams With GoCardless for US Expansion
December 14, 2021

Buy now, pay later (BNPL) platform Klarna on Tuesday (Dec. 14) teamed up with account-to-account payment company GoCardless to roll out bank debit payments to more than 21 million customers across the U.S. for its Pay in 4 offering and its financing solution. “The U.S....

BNPL
The Buy Now, Pay Later Battle That’s Brewing
December 13, 2021

The invasion of 156,000 Allied Forces on the beaches at Normandy on June 6, 1944 is regarded by historians as the big turning point of World War II. The invasion that day was the result of years of meticulous planning and a strategy, Operation Bodyguard,...

BNPL
Why Even Financially Worry-Free Consumers Use Buy Now, Pay Later
December 13, 2021

Financially worry-free consumers — or those with good credit or access to credit — are interested in alternatives to traditional credit card options. They may not face the challenges in securing credit that many consumers who live paycheck to paycheck and struggle to pay bills...

BNPL
Buy Now, Pay Later Catches on in Egypt With $6M Investment in Sympl
December 09, 2021

The pandemic economy has put a financial strain on many individuals and families across the globe, giving way to a buy now, pay later (BNPL) service boom in many countries. In Egypt, where rising inflation has further put pressure on consumer finances, the ability to...

BNPL
Klarna Debuts Browser Extension for Online Stores
December 09, 2021

Buy now, pay later (BNPL) platform Klarna on Thursday (Dec. 9) debuted a browser extension that will allow customers to use the company’s flexible payment options on their desktop computers at all online stores, even those that aren’t Klarna partners. The browser extension had been...

BNPL
Virtual Cards Accelerate Buy Now, Pay Later in MENA
December 07, 2021

The pandemic and associated economic hardships have given a huge boost to buy now, pay later (BNPL), as consumers enjoy the benefits of making multiple interest-free installments in place of high-interest card payments. In the Middle East and North Africa (MENA), the offering has gained...

BNPL
PayPal, Wix Team on Pay Later Offerings for Merchants
December 01, 2021

PayPal will let merchants on Wix offer buy now, pay later (BNPL) options PayPal in 4 and PayPal Credit through a checkout button, the company announced Wednesday (Dec. 1). “As we head into the holiday shopping season, business owners need to do everything they can...

BNPL
Microsoft Faces Accusations of Greed Over BNPL Pay Function
December 01, 2021

Microsoft faced criticisms Wednesday (Dec. 1) for its proposal to add in buy now, pay later (BNPL) functions to its Edge web browser, over assertions that the payment plan could lead to more users in debt. The BNPL model usually involves paying for a service...

BNPL
PayPal Sees Uptick in BNPL Spending for Black Friday
December 01, 2021

PayPal saw a much greater than usual use of buy now, pay later (BNPL) options on Black Friday, according to CEO Dan Schulman. Speaking on CNBC’s “Mad Money” on Tuesday (Nov. 30), Schulman said PayPal’s installment pay service is “one of the stars” of the...