BNPL

BNPL
Gen X Turns to BNPL as Student Loan Repayment Trims Discretionary Spend
September 26, 2023

“Reality Bites” was a touchstone movie for Generation X. Three decades later, any cinematic foray into the trials and tribulations of those born between 1965 and 1980 might be titled “Student Loans and Inflation Bite — Into the Paycheck.” For the demographic cohort that followed...

BNPL
Klarna Keeps Top Spot in Provider Rankings of Buy Now, Pay Later Apps 
September 25, 2023

This edition of the PYMNTS’ Provider Rankings of Buy Now, Pay Later Apps is exciting because the top five apps have held their ground. Stay tuned next month to see how these top contenders fared. And until then, take a peek below to see how...

BNPL
IKEA Says the Time’s Right to Bring BNPL In-Store and Online
September 20, 2023

Christine Briganti, Financial Services Deployment Project Leader for IKEA, told PYMNTS that the growing embrace of buy now, pay later (BNPL) will help broaden the Swedish furniture retailer’s reach in the U.S. by improving financial flexibility at the register — online and in-store. Tuesday (Sept....

BNPL
43% of Consumers Will Delay or Cancel a Purchase If Merchants Don’t Offer BNPL
September 20, 2023

As consumers become increasingly accustomed to convenient and flexible payment options, buy now, pay later (BNPL) as a payment method has gained significant popularity both among consumers who can spread retail purchases in several installments and merchants looking to prevent cart abandonment and sustain sales....

BNPL
Sezzle and WooCommerce Expand BNPL Partnership
September 19, 2023

Buy now, pay later (BNPL) provider Sezzle and open-source eCommerce platform WooCommerce expanded their partnership. The collaboration aims to provide WooCommerce merchants with an easier integration process for Sezzle’s BNPL solution, offering customers more payment options, the companies said in a Tuesday (Sept. 19) press...

BNPL
Rewards, In-Store Availability Can Help Level Lending Playing Field for BNPL Providers
September 13, 2023

Deferred payment plans such as credit card installment plans and buy now, pay later (BNPL) options have gained popularity among consumers in recent years, providing a convenient way for consumers to manage their spending and make large purchases more affordable. According to a joint PYMNTS...

BNPL
Zip Turns to Primer to Expand US BNPL Share
September 11, 2023

Zip has teamed with Primer to further tap into the U.S. buy now, pay later (BNPL) market. “With an $11 trillion total addressable market in the U.S., BNPL services account for a mere 2% of all payments,” Zip Co-founder and U.S. CEO Larry Diamond said in a Monday (Sept....

BNPL
10% of Consumers Use BNPL at the Grocery Store
September 06, 2023

As macroeconomic challenges continue to rack budget-strapped consumers, a small but meaningful share of grocery shoppers is using buy now, pay later (BNPL) to buy the food they need. By the Numbers For PYMNTS’ new study “Tracking the Digital Payments Takeover: What BNPL Needs to...

BNPL
Gen Z Relies More on BNPL for Small, Everyday Purchases
September 06, 2023

In today’s uncertain macroeconomic landscape, credit products have become essential for managing spending and cash flow. In “The Credit Economy: How Younger Consumers Make Credit Decisions,” PYMNTS examined credit-related behaviors and attitudes based on a survey of nearly 3,400 consumers across generations to understand the...