Roughly one-quarter of Americans making anywhere from $50,000 to more than $100,000 per year have found themselves cut off from traditional credit due to past histories, but their money still spends. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Aside from the pure convenience they offer, most buy now, pay later (BNPL) operators position themselves as a way for consumers to make a payment without having to use their credit card or dip into savings. It’s a solid value proposition with proven universal appeal...
Credit reporting agency Equifax is putting a plan in place next year to add buy now, pay later (BNPL) plans to credit reports, which hasn’t always happened before, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article...
The Consumer Financial Protection Bureau said Thursday (Dec. 16) it wants details from several high-profile buy now, pay later (BNPL) firms — Affirm, Afterpay, Klarna, PayPal and Zip — regarding the pros and cons of flexible payment options, according to a CNBC report Friday (Dec....
No disrespect to crypto, but few would disagree that buy now, pay later (BNPL) is the payments sensation of the pandemic era, with PYMNTS research finding that 50 million people used BNPL at least once in the past year. From consumer adoption to mergers to...
Amazon is working with Barclays on new accounts that allow customers to access installment plan payments in the United Kingdom, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Indonesian buy now, pay later (BNPL) platform Kredivo is teaming up with IKEA to offer customers the chance to pay for their furniture in installments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Buy now, pay later (BNPL) instruments offered by companies such as Klarna, Affirm and Afterpay are becoming so widely used that it was only a matter of time before regulators decided to look closely at these (usually unregulated) products. In this regard, the United Kingdom...
The buy now, pay later (BNPL) wave first formed around relatively inexpensive fashion and beauty goods, but industry watchers keep looking for new use cases that will expand and unlock bigger-ticket potential, in many cases for consumers with impaired credit. Get the Full Story Complete...
