Buy Now Pay Later

Buy Now Pay Later
Klarna Lashes Outs at Barclays BNPL Research
June 23, 2022

Klarna is disputing new research into the buy now, pay later (BNPL) industry published by Barclays with debt charity StepChange that warns of the many people who could fall into financial peril due to unregulated financial products.  Get the Full Story Complete the form to...

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BNPL Provider Zip Plans Fee Hikes to Offset Inflation, Interest Rates
June 22, 2022

Australian buy now, pay later (BNPL) company Zip is planning merchant and consumer fee hikes to help it ride out a tough market environment of soaring inflation, rising interest rates and tighter regulations, according to a Thursday (June 22) press release. Get the Full Story...

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What’s Next in BNPL: Zopa CEO Says Longer Terms, Larger Loans
June 22, 2022

Following an explosion of buy now, pay later (BNPL) use in the past few years, transaction volumes are expected to hit $680 billion worldwide by 2025. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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PayPal Launches Pay Monthly BNPL Offering
June 15, 2022

PayPal has debuted PayPal Pay Monthly, a buy now, pay later (BNPL) offering issued by WebBank, according to a Wednesday (June 15) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Klarna Head Praises Apple Entry Into BNPL Space
June 10, 2022

Klarna CEO Sebastian Siemiatkowski said Apple’s entry into the buy now, pay later (BNPL) space is “amazing” and a validation of the sector’s business model, Seeking Alpha reported Friday (June 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Luxury Brand Platform HBX Offers BNPL Through Afterpay
June 08, 2022

Buy now, pay later (BNPL) company Afterpay has teamed up with HBX, Hypebeast’s eCommerce platform, to help shoppers afford luxury and streetwear clothing brand purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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UK Digital Bank Zopa Unveils BNPL Offering
June 08, 2022

Digital bank Zopa is hoping to capitalize on the United Kingdom’s buy now, pay later (BNPL) market — worth 6 billion British pounds (about $7.5 billion) — with a new suite of regulated products of its own, according to published reports Wednesday (June 8). Get the...

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BNPL Rethinks Model as Trying Times Strain Customers’ Wallets
June 07, 2022

When a House Subcommittee on Financial Services hearing titled “Buy Now, Pay More Later?” was convened last November, it was clear that rising installment debt is a concern at high levels. It’s heating up more now, and market watchers see big changes ahead. Get the...

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Spirit Airlines Offers BNPL on Airfare
June 01, 2022

Spirit Airlines and Uplift, a buy now, pay later (BNPL) solution, are partnering to provide consumers with the ability to pay for flights in installments, according to a press release Wednesday (June 1). Get the Full Story Complete the form to unlock this article and...