
Why Are Merchants and Acquirers So Confused About BNPL and Installment Payment Plans?
Divided, Not Conquered: Acquirer and Merchant Confusion Clouds Split-Payments Landscape
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.
Inside the February Study
- 38%: Share of Gen Z consumers who increased their use of any type of split-payment product in the last year
- 97%: Portion of acquirers that process transactions and can split payments on cards that they issue
- 60%: Share of acquirers planning to enhance their ability to offer installment plans within the next year
Installment Plans Report
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Managing Unplanned Expenses: How The Pay Later Economy Fits Consumer Needs
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Maximizing Holiday Value: The Strategic Value of Early Pay Later Visibility
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Pay Later Plans Power Holiday Shopping Strategies
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Innovations and Development of Card-Linked Installment Plans
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Merchants’ Evolving Perspective on the Value of Card-Linked Pay Later Plans
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The Use of Card-Linked Installment Plans in Online and In-Store Sales
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Redefining Retail: Consumer Finance Trends Driving the Evolution of Pay Later Plans
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Unpacking Merchant Strategies and Consumer Demand for Flexible Payment Plans
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Acquirers’ Navigation of an Uncertain Installment Plan Landscape
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Installment Plans Becoming a Key Part of Shopper’s Toolkit