Like contactless payments, “buy now, pay later” (BNPL) companies are having a right time, right idea moment thanks to COVID-19, as consumers look to stretch every dollar — buying time, as it were — until livings and revenues are adequately restored across a reeling economy....
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Many consumers confined to their houses are using the time to tackle longstanding home-improvement projects. But economic worries and debt wariness can often keep them from completing DIY projects, says David Sasson, CEO of online art retailer OverstockArt. In the latest Buy Now Pay Later...
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Global payment and shipping service Klarna has reached a new milestone with 7.85 million U.S. customers, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The past several months have been largely defined in the retail world by merchants and brands making quick digital pivots to stay afloat in an environment that’s gone from “digital sometimes” to “digital mostly.” Get the Full Story Complete the form to unlock this article...
Payments choice is emerging as more than just added eCommerce utility. Merchants expanding payment options are finding this an important differentiator, a major value-added benefit, seemingly tailor-made for the uncertain economic times we’re suddenly living through. Get the Full Story Complete the form to unlock...
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Since launching in the U.S. two years ago, the Australia-based buy now, pay later (BNPL) startup Afterpay has attracted more than nine million people, with over five million currently active and one million new users joining during the 10-week pandemic lockdown. Get the Full Story...
