Buy now, pay later (BNPL) continues to grow in popularity across every age demographic, with the rate of American consumers using the practice rising 80% between 2020 and 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Late fees can be an important source of revenue for traditional lenders, and for some credit card companies, it can represent up to 20% of their annual revenues. This means that loan providers that choose not to charge these penalty fees, such as Paris-based buy...
Buy now, pay later (BNPL) is like the layaway of long ago only better, because shoppers get to take merchandise home upon purchase — not payment. With no fees or interest to the consumer, it’s also been a plus for merchants who can close out...
Call it a phenomenon and not a passing fancy. When it comes to buy now, pay later (BNPL), banks would do well to play a bit of catch-up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
This year is looking a bit like 2021, at least in one respect: The buy now, pay later (BNPL) industry continues to consolidate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Consumers are much more likely to use buy now, pay later (BNPL) when making purchases online than when shopping in physical stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Buy now, pay later (BNPL) works in the transportation industry, too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
The use of buy now, pay later (BNPL) has exploded in the past few years as more and more consumers tap into the opportunity to pay for expensive, one-time retail purchases in several installments. This boom has also created fierce competition in the BNPL space...
Financial super app Revolut has launched a new tool for its travel product Stays that lets customers book their stay and pay when they arrive, according to a Wednesday (Feb. 23) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock...
