BNPL

BNPL
Equipifi Partners With Jack Henry to Bring Buy Now, Pay Later to Banks
October 18, 2023

White-label Software-as-a-Service (SaaS) company Equipifi has teamed with FinTech firm Jack Henry to offer a buy now, pay later (BNPL) tool to community and regional financial institutions (FIs). Via the partnership, FIs can offer split payments through debit cards using Equipifi’s BNPL solution, according to...

BNPL
21% of Consumers Spread Out Restaurant Meal Payments
October 17, 2023

As consumers look for ways to afford the luxuries that they want even in the face of ongoing financial challenges, PYMNTS Intelligence reveals that many are turning to installment plans to stretch their budgets, enabling them to spring for indulgences such as restaurant dining. By...

BNPL
Marqeta and Scalapay Team to Expand Europe’s BNPL Use
October 17, 2023

Card issuer Marqeta has teamed with Scalapay to expand buy now, pay later use in Europe. The collaboration, announced Tuesday (Oct. 17), will see Marqeta work with Scalapay — a buy now, pay later (BNPL) firm operating throughout Europe — to issue virtual cards for online and in-person transactions. Marqeta notes...

BNPL
Nearly One-Third of Consumers Say Higher Credit Limits Will Boost BNPL’s Appeal
October 13, 2023

Consumers are increasingly seeking flexible and convenient payment options, leading to the rising popularity of deferred payment plans such as credit card installment plans and buy now, pay later (BNPL) options. However, to fully unlock its potential, BNPL providers need to address certain demands and...

BNPL
Galileo, Mastercard Team on Smart BNPL for Small Businesses
October 05, 2023

David Feuer, chief product officer of Galileo Financial Technologies, told PYMNTS that the current financial services landscape is a challenging one for smaller firms — and especially so for the smallest of the small, the sole proprietorships that help power the U.S. economy. “It’s not...

BNPL
Why FinTechs Are Telling Customers They No Longer Want Their Business
October 05, 2023

FinTechs spent years pursuing growth at all costs — where profits were an afterthought. Revenues, eyeballs, clicks and accounts — in short, the more business the better — were the key measures of success.  But Charlie Youakim, CEO of Sezzle and Peter Beckman, CEO and co-founder of Treyd, told PYMNTS’...

BNPL
Citi Launches BNPL Option for Costco Anywhere Visa Cardholders
October 03, 2023

Citi announced that Costco Anywhere Visa cardmembers can now access its buy now, pay later (BNPL) option, Citi Flex Pay, to pay for purchases. The option allows cardholders can pay over time with a fixed fee, no interest and the ability to earn cash back...

BNPL
BNPL May Help Consumers Avoid Trading Down, Trading Off on Everyday Essentials
October 03, 2023

Buy now, pay later (BNPL) may be the payment “lifeline” that keeps consumers from trading down on everyday essentials — and may in fact them help them get the goods in the first place. Earnings season has not even begun in earnest, but the commentary...

BNPL
CFPB Eyes Tuition Payment Plans as Students Return to School
September 27, 2023

It’s the end of September, summer’s a distant memory, and students are only a few weeks into settling into the routine of books, homework, and given the way things are going … … paying for it all. You’d be forgiven for thinking the conversation around...