Buy Now Pay Later

Buy Now Pay Later
BNPL Firm Klarna Hits 20M US Customers
August 23, 2021

Swedish buy now, pay later (BNPL) company Klarna on Monday (Aug. 23) announced that it has doubled its U.S. customer base since June 2020, reaching a whopping 20 million customers. The growth has been propelled in large part by the popularity of the Klarna app,...

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BNPL’s Awkward Dance Sees It Waiving Late Fees For Consumers While Awaiting Increased Scrutiny From...
August 22, 2021

Square is planning to purchase buy now, pay later (BNPL) firm Afterpay for $29 billion. 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,...

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BNPL Firm Afterpay Launches Data Platform For Merchants
August 19, 2021

Australian buy now, pay later (BNPL) company Afterpay on Thursday (Aug. 19) announced the launch of its new merchant analytics platform, Afterpay iQ. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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BNPL Firm Klarna Officially Debuts In Poland
August 18, 2021

Swedish buy now, pay later (BNPL) company Klarna has expanded its “Pay in 30 days” option to Poland as part of a collaboration with clothing retailer H&M and in conjunction with the Klarna app, the company announced on Wednesday (Aug. 18) in a press release....

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PayPal To Drop BNPL Late Fees
August 18, 2021

PayPal will stop charging late fees for customers using its buy now, pay later (BNPL) service anywhere in the world as of Oct. 1, the company announced Wednesday (Aug. 18) in a press release emailed to PYMNTS. Get the Full Story Complete the form to...

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i2c Expands Visa Partnership For BNPL At POS
August 17, 2021

Digital payment and banking infrastructure provider i2c is expanding its partnership with Visa to offer issuers buy now, pay later (BNPL) capabilities at the point of sale (POS), according to a press release on Tuesday (Aug. 17). Get the Full Story Complete the form to...

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Report: Young Consumers Want BNPL, 95 Pct of SMBs Don’t Offer It
August 15, 2021

There’s a huge disconnect in what consumers want and what merchants offer. At least in one corner of eCommerce, which could prove a huge revenue tailwind for smaller businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Sezzle CEO Responds To Square’s BNPL Deal: We’ll Manage All The Ways Consumers Pay
August 13, 2021

Just days after Square’s shock $29 billion acquisition of Afterpay, its Minnesota-based buy now, pay later (BNPL) rival Sezzle said it’s planning to leverage its unique approach to underwriting and risk to become a super app hub that will manage all of a consumers’ payments....

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BNPL Bulks Up Sales Of Protein Shakes And Sports Nutrition Products
August 12, 2021

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 this form, you agree to receive marketing communications from PYMNTS and...