installment payments

PayFacs Tap Installment Payments to Boost Revenue in 2024

PayFacs Tap Installment Payments to Boost Revenue in 2024
PayFacs Tap Installment Payments to Boost Revenue in 2024
November 06, 2023  |  Digital Payments

Payment facilitators (PayFacs) have become a crucial component of the ever-evolving financial landscape, playing a pivotal role in enabling seamless digital transactions, connecting businesses with...

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Klarna Reports Quarterly Profit as Shoppers Embrace BNPL
Klarna Reports Quarterly Profit as Shoppers Embrace BNPL
November 06, 2023  |  BNPL

Rising buy now, pay later (BNPL) use among Americans helped give Klarna a profitable quarter. The Swedish payments company announced earnings Monday (Nov. 3) showing...

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New Report Finds Embedded Payments Now Table Stakes for Software Companies
New Report Finds Embedded Payments Now Table Stakes for Software Companies
November 06, 2023  |  Payments As A Service

  Improving customer experience has become a market trend across industries. Companies strive to improve payments and cater their businesses to customer bases that value...

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Amazon and Walmart Square Off Over Buy Now, Pay Later
Amazon and Walmart Square Off Over Buy Now, Pay Later
November 03, 2023  |  Retail

This week, Walmart Canada introduced a new offering, allowing its customers to opt for an interest-free buy now, pay later (BNPL) payment method, which is...

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Installment Plans Ease Holiday Financial Stress of Inflation
Installment Plans Ease Holiday Financial Stress of Inflation
November 02, 2023  |  Payment Methods

As consumers struggle with tight finances, particularly during the holiday season, access to installment plans like buy now, pay later (BNPL) has become a popular...

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Visa and BMO Team to Expand Credit Card Installment Access
Visa and BMO Team to Expand Credit Card Installment Access
October 30, 2023  |  Partnerships

Visa teamed with BMO to offer BMO credit card holders access to Visa’s Installments program. The payment option, set to launch next year, lets consumers...

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Are High-Income Consumers Poised to Pull Back and Trade Down?
Are High-Income Consumers Poised to Pull Back and Trade Down?
October 27, 2023  |  Consumer Finance

The latest reading on consumer sentiment signals that high-income consumers may embrace a few strategies to deal with concerns over inflation and dwindling stock portfolios....

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Millennials Turn to Deferred Payments to Spend More
Millennials Turn to Deferred Payments to Spend More
October 27, 2023  |  Consumer Finance

Millennials and bridge millennials most frequently turn to deferred payments for purchasing consumer items. These consumers are generally considered to have been born between 1980...

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