May 03, 2024
Gen Z Small Business Owners Get Personal for Business Loans
At a time when every financial decision counts, many small to medium-sized businesses (SMBs) can at least take some comfort knowing there are a wide variety of borrowing tools available...
May 03, 2024
Walmart and Amazon Expand Private-Label Plays to Compete in Grocery
As Amazon looks to close the gap with Walmart in grocery, both retail giants are seeing the opportunity to win over shoppers with their private-label brands. Walmart announced Tuesday (April 30) the launch of bettergoods, its largest private-brand...
May 01, 2024
Sezzle Offers Rewards for On-Time BNPL Payments
Payments platform Sezzle wants to reward users to stay on top of their bills. To that end, the company on Wednesday (May 1) announced the launch of Payment Streaks, a feature designed...
May 01, 2024
Payment Innovations Help Small Businesses Navigate the Main Street Maze
Payments are the lifeblood of any business, but for small businesses, they are particularly crucial. And with the news that, in the last 12 months, Main Street businesses have operated...
April 29, 2024
Stripe Is Bringing Back Crypto Payments, Citing ‘Real Utility’
Crypto payments have traditionally suffered from a pervasive “cold start” problem. Among other issues hamstringing the integration of blockchain-based digital assets as a payments mechanism, many potential customers simply don’t...
April 29, 2024
Klarna Powers BNPL for Luggage, Travel Accessories Brand Away
Klarna has partnered with luggage and travel accessories brand Away. With this collaboration, Klarna’s interest-free buy now, pay later (BNPL) options are available to Away’s customers in the United States, Canada and the...
April 29, 2024
Shoppers Turn to D2C Channels for of-the-Moment Seasonal Offers
With the agility and flexibility of direct-to-consumer (D2C) eCommerce stores, shoppers are turning to the channel to funnel their enthusiasm for seasonal moments into buying. In an interview with PYMNTS,...
April 26, 2024
Study Finds Only Half of Consumers Satisfied With Embedded Lending...
Lenders in key global markets offer an ever-increasing range of consumer credit products. Still, consumers express dissatisfaction with the current options. Just 50% of consumers across six major economies are...
April 25, 2024
79% of US Consumers Are Highly Satisfied With BNPL
Split-payment or installment plans such as buy now, pay later (BNPL) enable consumers to shop more strategically, buying items one day and paying for them with a set schedule of...
As Americans increasingly rely on BNPL for essentials, November is poised for record spending via this payment method, with 1 in 5 consumers planning to use it. The latest “FinTech Tracker®,” a collaboration with Sezzle, examines the economic forces driving this upswing, BNPL’s shift from optional to necessary spending, and the mounting calls from critics for stronger regulations and safeguards.
Split-payment plans like BNPL are gaining traction, with 3 in 5 shoppers having used these options in the last year. There’s a “but” — merchants and acquirers aren’t sure which plans have the most appeal to consumers or when to present them in the purchase flow. PYMNTS Intelligence’s latest report, “Divided, Not Conquered: Acquirer and Merchant Confusion Clouds Split-Payments Landscape,” a collaboration with Splitit, draws from multiple surveys of consumers and executives to get a 360-degree view of the split-payment space — the facts and the gaps.