Installment Credit

Pay later is no longer a niche solution for cash-strapped consumers, as high earners increasingly use credit card installment plans to manage spending with precision and control. New PYMNTS Intelligence research ...

“For last year’s words belong to last year’s language. And next year’s words await another voice.” — T.S. Eliot When T.S. Eliot wrote those lines in 1942, he was pointing to a ...

The latest inflation data released Tuesday (Jan. 13) suggests a steady pace of inflation overall, but groceries and other essentials continue to rise faster than the headline number and influence ...

The CFPB’s decision to dial down enforcement of BNPL and other nonbank credit products hasn’t created a vacuum. It has invited fifty competing rulebooks to take its place.

In 2026, Buy Now, Pay Later stops being a checkout feature and becomes working capital for the modern middle class, replacing overdraft and late fees as the default way paycheck-to-paycheck ...

Merchants using Gr4vy’s cloud-based payment orchestration platform can now offer Affirm’s flexible payment options to eligible customers through online and mobile channels. The offering is enabled by a partnership between the ...

Pay Later has stopped being a seasonal convenience and started to look like a standing line item in how many households manage money. That is the broader takeaway from PYMNTS Intelligence’s Pay ...

Credit limits have traditionally been treated as a mechanical feature of card programs: a numeric ceiling determined by algorithms, credit scores and internal risk thresholds. But new findings from the ...

On the eve of the COVID-19 pandemic, large banks were jolted by the sudden rise of a new credit alternative. That 2019, buy now, pay later option from specialized providers ...

Revolve Group, a fashion retailer for millennial and Generation Z consumers, now offers Affirm’s flexible payment options to shoppers in Canada and the United Kingdom. The offering marks an expansion of ...

Mastercard and LoanPro plan to launch a program that will enable lenders to deliver installment loans through virtual and physical cards. The Loan on Card program is set to launch in ...

Watch more: Need to Know: Thredd’s Jim McCarthy There’s new urgency for banks to innovate as consumers embrace flexible repayment options and new digital channels. What once looked like a stable structure ...

Sweden-based flexible payments provider Klarna has extended its relationship with Apple to two new countries. The company’s pay-later products are now available for consumers checking out on Apple Pay in France and Italy, Klarna announced Tuesday (Dec. ...

Consumers are reshaping how they use credit, and PYMNTS Intelligence data shows that installment plans are becoming a central tool for managing cash flow in both predictable and discretionary spending. The ...

Socure acquired Qlarifi to establish what it called “the industry’s first unified identity, anti-fraud and BNPL credit infrastructure.” The combination brings together Socure’s artificial intelligence-first platform for global identity, compliance and ...

Digital bank and payments firm Klarna is expanding its new membership plan to the U.S. The Sweden-based company introduced its Premium and Max plans in Europe and the U.K. in October and announced in ...

Visa says it is helping launch Vietnam’s first artificial intelligence (AI)-powered pay-later card. The card is being rolled out in collaboration with Visa-owned financial transaction processing platform Pismo and neobank Circle Asia Technologies, the ...

Generation Z consumers are not only saving more; they’re reshaping how financial activity moves, stores and circulates online. Their behavior is challenging long-standing assumptions in banking and payments. Their habits look ...

Direct-to-consumer furniture brand Cozey has added Klarna’s buy now, pay later (BNPL) solutions to its online stores in the United States and Canada. Cozey’s eCommerce site now enables shoppers to pay ...

Digital bank/pay-later provider Klarna is launching a new tap-to-pay feature. The new contactless payment offering is rolling out in 14 European markets, the Swedish FinTech announced in a Tuesday (Dec. 2) news release. “With more ...

State attorneys general from Connecticut and North Carolina have opened an inquiry into the U.S. buy now, pay later (BNPL) sector, putting the industry’s largest providers on notice. Led by Connecticut ...

Retail rivals Walmart and Amazon are reportedly expanding their lending footprint in India. For Amazon, that means plans to offer loans to small business owners in the world’s most populous country, ...

Lufthansa Group customers in several countries can now choose Klarna’s flexible payment options when booking travel experiences. The options allow the airline group’s travelers to pay in full, pay later or ...

Thanksgiving invites a pause, a chance to acknowledge progress in a year that has been unpredictable for consumers and businesses. Across the payments, banking and FinTech sectors, 2025 delivered real advances ...

David’s Bridal has added buy now, pay later at the altar of wedding spend, rolling out Sezzle in all of its stores as couples face rising costs and tighter planning ...

For Synchrony Chief Financial Officer Brian Wenzel, the story of today’s consumer isn’t about inflation, credit tightening, or macro stress signals. It’s about expectation. Throughout his Monday Conversation with PYMNTS CEO ...

Buy now, pay later (BNPL) platform Klarna is expanding its partnership with gift card company Blackhawk Network (BHN). The new collaboration, announced in a news release Thursday (Nov. 20), is aimed ...

As the annual holiday shopping ritual ramps up, consumers’ finances are less robust than they might appear. Last month, PYMNTS Intelligence surveyed more than 2,100 U.S. adult consumers for the most ...

Buy now, pay later (BNPL)’s rapid expansion across retail, travel, healthcare and even everyday essentials has made it one of the fastest-growing credit products in the United States, but its ...

Klarna’s third-quarter earnings update Tuesday (Nov. 18), its first earnings report as a publicly listed company, detailed a strategic transformation that seeks to push the brand beyond payments and into ...

Watch more: Digital Shift: Marqeta’s Todd Pollak According to Marqeta Chief Revenue Officer Todd Pollak, the future of payments is being built by ecosystems in which merchants and consumers drive change ...

PayPal Holdings and global investment firm KKR renewed their agreement in which KKR’s credit funds and accounts purchase PayPal’s European buy now, pay later (BNPL) receivables. The new agreement includes a ...

A shift is taking hold inside the pay later economy, and it is not the one that most observers expected. The real action is not only in buy now, pay later ...

U.K.-based consumer payments platform Zilch has raised $175 million in debt and equity. The new funding will go towards marketing efforts, product development and improvement to Zilch’s platform, as well as ...

PayPal’s buy now, pay later (BNPL) offering is heading north in time for the holidays. Beginning with this year’s holiday shopping season, PayPal Pay in 4 will be available for consumers ...

The pile of household debt keeps growing. According to the Federal Reserve’s latest report this week, Americans added $197 billion in new debt in the third quarter of 2025, bringing total ...

Affirm opened fiscal 2026 with a first quarter marked by record volumes, profitable growth and an extended partnership with Amazon, which has now been given an additional five years (to ...

Sezzle notched its first billion‑dollar quarter in Q3 and said it is steering back to its subscription model after a monthslong test of an On‑Demand option that diluted lifetime value. Marketing shifted ...

U.S. Bank has debuted a credit card that converts purchases into monthly payment plans. The bank’s Split World Mastercard, announced Wednesday (Nov. 5), is designed to serve as an alternative to ...

Users of Walmart de México’s digital payments app, Cashi, can now purchase products online and pay in installments without a credit card. This capability was enabled by a strategic partnership of ...

Klarna is expanding its card offering in Europe with the help of card issuing platform Marqeta. The partnership is designed to bring the Klarna Card into 15 new European markets, according ...

Affirm has gained off-balance sheet funding from New York Life that can support $1.75 billion in consumer loan volume per year. This support is enabled by an agreement in which New ...

FinTech names gained no bump from the first glimmers of earnings season, and there are new announcements from the buy now, pay later space. The overall Index slipped 3.5%, led by ...

PayPal shares soared Tuesday (Oct. 28) in the wake of news that the company is integrating its wallet into OpenAI’s ChatGPT. Beyond that headline-grabbing news, PayPal’s third-quarter earnings results, released before ...

Citi cardholders will be able to begin using the bank’s pay-over-time solution, Citi Flex Pay, at checkout. This will be available at merchants participating in Mastercard’s Installments Payment Services by ...