BNPL

BNPL
Consumers Flock to BNPL to Pay for Clothing and Accessories
February 13, 2024

Consumers are especially inclined to use deferred payment plans to pay for apparel and accessories, PYMNTS Intelligence research reveals, be it buy now, pay later (BNPL) or credit card installments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Rewards a Work in Progress as Banks and FinTechs Compete for BNPL Loyalty
February 09, 2024

The appeal of buy now, pay later (BNPL) is undeniable. 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...

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1 in 4 Millennial Shoppers Trades Down When BNPL Is Unavailable
February 06, 2024

Many buy now, pay later (BNPL) users alter their purchasing when the payment method is not available, with PYMNTS Intelligence research revealing that millennials are disproportionately likely to trade down to cheaper items when not offered the option. Get the Full Story Complete the form...

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PSCU/Co-op Solutions Unveils New BNPL Option for Credit Unions
February 06, 2024

PSCU/Co-op Solutions has unveiled a new buy now, pay later (BNPL) option for credit card issuers. 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,...

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Affirm, Afterpay Cut Rewards Programs as BNPL Firms Try New Loyalty Models
February 06, 2024

As buy now, pay later (BNPL) companies tinker with different methods to drive long-term engagement, Affirm and Afterpay are rethinking their loyalty strategies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

BNPL
Half of Merchants Offering Installment Plans See Increased Chargebacks as Primary Pain Point
February 02, 2024

Split-payment plans, or installment plans as they are more popularly called, have gained momentum in the consumer commerce space in recent years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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Klarna and PayPal Close Behind Zip in Provider Ranking of BNPL
January 29, 2024

With Valentine’s Day around the corner and Christmas fairly close in the rearview mirror, consumers’ budgets are likely stretched thin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Amazon Mexico to Offer Kueski’s BNPL Product as Payment Option
January 29, 2024

Amazon shoppers in Mexico will be able to choose the buy now, pay later (BNPL) offering Kueski Pay as a payment option. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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BNPL Finds Traction in Unexpected Niches and Subscription Services 
January 29, 2024

People using buy now, pay later (BNPL) are favoring these options and incorporating them into their financial choices. This growing trend has led BNPL providers to discover unexpected success in categories they may not have initially anticipated, creating new avenues for revenue in the process. ...