The world of retail payments and lending is undergoing a significant transformation with the rise of buy now, pay later (BNPL) services. As noted in a recent study by PYMNTS Intelligence, one of the key appeals of BNPL is its ability to provide financial flexibility and...
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...
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...
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...
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...
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’...
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...
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...
From affluent consumers to Gen Zs and baby boomers, buy now, pay later (BNPL) continues to gain popularity across markets, enabling consumers across all ages and income levels to acquire goods and services upfront through short-term, often interest-free loans. Findings detailed in a joint study by PYMNTS Intelligence and Sezzle reveal...
