Buy Now Pay Later

Buy Now Pay Later
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...

Buy Now Pay Later
From Managing Cash to Improving Credit, BNPL Helps Consumers Balance Payment Needs
September 26, 2023

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...

Buy Now Pay Later
Citcon Unveils BNPL Option for eCommerce Clients
September 26, 2023

Citcon has teamed up with Cash App Pay and AfterPay to offer new payment options to eCommerce businesses. “By leveraging both Cash App Pay and Afterpay’s popular “Buy Now, Pay Later” service, merchants will be able to deliver a streamlined experience that caters to modern consumer preferences for more payment...

Buy Now Pay Later
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...

Buy Now Pay Later
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....

Buy Now Pay Later
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...

Buy Now Pay Later
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...

Buy Now Pay Later
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...

Buy Now Pay Later
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...