installment payments

US Bank Debuts Avvance Installment Payment Tool
US Bank Debuts Avvance Installment Payment Tool
October 24, 2023  |  Loans

U.S. Bank has introduced a tool that lets businesses offer consumer financing at point-of-sale. The lender’s Avvance offering, announced Tuesday (Oct. 24) is an “embedded, multi-channel point-of-sale lending...

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Buy Now, Pay Later Is Having Its Kleenex Moment
Buy Now, Pay Later Is Having Its Kleenex Moment
October 23, 2023  |  BNPL

Kimberly Clark introduced Kleenex in 1924 as a product used by movie stars instead of face cloths to remove their makeup and keep their skin...

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Travel Spending May Get a Bounce Into the Holidays With BNPL and Rewards
Travel Spending May Get a Bounce Into the Holidays With BNPL and Rewards
October 20, 2023  |  Travel Payments

Summer’s over. Beach getaways are a thing of the past. And now the holidays approach. Jacqueline White, president at i2c, and Ray Chalub, COO of...

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Ubiquity Drives Consumer Demand for Credit Card Installment Plans
Ubiquity Drives Consumer Demand for Credit Card Installment Plans
October 19, 2023  |  Payment Methods

Getting what we want — now — but paying later for it is top of consumers’ minds. Nandan Sheth, CEO at Splitit, told Karen Webster...

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21% of Consumers Spread Out Restaurant Meal Payments
21% of Consumers Spread Out Restaurant Meal Payments
October 17, 2023  |  BNPL

As consumers look for ways to afford the luxuries that they want even in the face of ongoing financial challenges, PYMNTS Intelligence reveals that many...

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40% of Millennials Tap Installment Plans to Improve Their Credit Scores
40% of Millennials Tap Installment Plans to Improve Their Credit Scores
October 16, 2023  |  Payment Methods

Installment plans have emerged as a popular payment method, offering consumers the flexibility to pay for their purchases over time, rather than upfront. This enables...

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Consumer Sentiment Study Sees Jump in Inflation One Year Out
Consumer Sentiment Study Sees Jump in Inflation One Year Out
October 13, 2023  |  Consumer Finance

Consumers don’t think the pressures on the household budgets are going to abate anytime soon. And certainly not in the next year. The University of...

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High-Income Earners’ Love of Installment Plans Signals Lucrative Opportunity for Merchants
High-Income Earners’ Love of Installment Plans Signals Lucrative Opportunity for Merchants
September 29, 2023  |  Consumer Finance

Credit card installment plans for common purchases are gaining popularity among consumers, who are drawn to the flexibility they offer in managing their spending and...

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45% of Consumers Used Credit Card Installment Plans In Past Year
45% of Consumers Used Credit Card Installment Plans In Past Year
September 28, 2023  |  Consumer Payments

Installment plans have become an increasingly important payment method that many shoppers prefer. Across age groups and income brackets, 60% of consumers use installment plans...

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