The top thing consumers want from credit providers is trustworthiness. Fifty-three percent of consumers say trust in the credit provider is an important factor when deciding to use a short-term credit payment method, according to BNPL, Banks And The Trust Factor, a PYMNTS and Amount...
While the pandemic contributed in part to the surge in buy now pay later (BNPL) services, an ongoing shift in consumer spending habits, combined with sweeping eCommerce adoption, has ensured the short-term interest-free installment plans are here to stay. Get the Full Story Complete the...
As the Consumer Financial Protection Bureau (CFPB) continues its investigation on the buy now, pay later (BNPL) market, we’ll soon know what consumers, small businesses, financial institutions, trade associations, investors and other interested parties have to say on the subject. The open period for their...
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As consumers’ price anxieties make them hesitant to purchase from delivery aggregators, given the high fees these companies charge, DoorDash is turning to buy now, pay later (BNPL) to target these concerned consumers. Get the Full Story Complete the form to unlock this article and...
The number of buy now, pay later (BNPL) firms that have emerged over the past few years, especially in the wake of the pandemic, has exploded, highlighting rapid growth in the BNPL market worldwide. Get the Full Story Complete the form to unlock this article...
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...
Buy now pay later (BNPL) giant Klarna posted year-end results for 2021 that continued to show runaway success in the U.S., with a 71% surge in users, which helped push the company to a 42% increase in global transaction volume and a 38% jump in...
Retailers that cater to younger consumers must realize that BNPL not only drives bigger tickets but also keeps shoppers coming back for more. In PYMNTS’ new Buy Now, Pay Later Tracker, Mark Spencer of clothing and lifestyle retailer Jane.com explains why installment plan optionality is...
