Splitit and Visa have partnered to offer merchants a buy now, pay later (BNPL) solution. The two companies have signed a two-year deal in which Splitit’s installments-as-a-service offering is combined with Visa Instalments to form a BNPL solution that will be piloted in select markets during the second...
PSCU has launched a solution that helps credit unions implement buy now, pay later (BNPL). The credit union service organization’s (CUSO’s) new Installment Payments solution allows some post-purchase credit card transactions to be converted into installment payments, PSCU said in a Thursday (April 27) press...
Celerant Technology has partnered with Sezzle to enable retailers to offer buy now, pay later (BNPL). With this collaboration, retailers can add the Sezzle Pay BNPL consumer financing solution to their Celerant eCommerce website, the companies said in a Tuesday (April 25) press release. Another...
Citi credit card members can now pay over time thanks to a new partnership with Amazon Pay. The buy now, pay later (BNPL) collaboration, announced Wednesday (April 26) is open to eligible Citi card members using the company’s Flex Pay, and marks the first time...
Some consumers may try buying groceries with buy now, pay later (BNPL), but PYMNTS research shows it doesn’t stick. BNPL is increasingly becoming an option for food purchases. Major grocers are getting onboard, with Kroger offering Afterpay, Walmart accepting payments via Affirm, and leading third-party...
Payments company Stripe and buy now, pay later (BNPL) provider Affirm have expanded their partnership. According to a Thursday (April 13) news release, the expansion makes Affirm’s Adaptive Checkout feature available to eligible Canadian Stripe users. The expansion follows a Stripe/Affirm partnership launched last year...
The buy now, pay later (BNPL) market has operated largely free of government oversight since its launch, following in the footsteps of many of its counterparts in the tech world. Much like ridesharing, streaming media subscriptions or short-term property rentals, the BNPL market surged while...
Regulators worldwide are bearing down on BNPL providers over concerns about overspending, debt accumulation, and privacy invasion. Omri Flicker, chief legal and risk officer at Splitit, says those who already play by existing rules aren’t losing any sleep.
At first glance, Apple’s announcement of its Pay Later program, starting with select users before expanding in the coming months, seems to make little sense. After all, the FinTech-led buy now, pay later (BNPL) space hasn’t been exactly an overall money-printing endeavor. The popular consumer...