installment payments

Nearly 40% of Credit Unions Say No to Installment Loans
Nearly 40% of Credit Unions Say No to Installment Loans
December 11, 2023  |  Credit Unions

Traditionally, consumers have relied on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto...

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Affirm CEO Levchin Says BNPL Helps Consumers Make Sound Decisions
Affirm CEO Levchin Says BNPL Helps Consumers Make Sound Decisions
December 07, 2023  |  BNPL

Affirm Holdings CEO Max Levchin says the buy now, pay later (BNPL) industry offers an alternative to high-interest credit cards. This model allows customers to...

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Lack of Split-Pay Option May Cost Merchants 22% of Customers
Lack of Split-Pay Option May Cost Merchants 22% of Customers
November 30, 2023  |  Payment Methods

Merchants can maximize their competitiveness by offering split-pay options — and should do so if they don’t want to lose potential sales or want to...

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Millennials Fuel Split-Pay Retail Purchases on Black Friday and Beyond
Millennials Fuel Split-Pay Retail Purchases on Black Friday and Beyond
November 27, 2023  |  Payment Methods

As we enter the holiday season, consumers are finding ways to manage their finances. The advent of split payments and other flexible spending programs is...

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Australia’s BNPL Use Surges Among Younger Consumers
Australia’s BNPL Use Surges Among Younger Consumers
November 27, 2023  |  BNPL

Australia’s younger consumers are increasingly embracing buy now, pay later (BNPL), a new survey shows. More than 40% of shoppers between 18 and 39 use the installment...

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Marqeta and Credi2 Team as BNPL Demand Grows
Marqeta and Credi2 Team as BNPL Demand Grows
November 22, 2023  |  BNPL

Marqeta has teamed with Credi2 to launch an installment payment platform for European banks. The partnership, announced Wednesday (Nov. 22), combines Credi2’s embedded lending platform with Marqeta’s card issuing offering,...

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4 in 10 Lower-Income Earners Use Split-Pay Plans for Groceries
4 in 10 Lower-Income Earners Use Split-Pay Plans for Groceries
November 20, 2023  |  Consumer Finance

Consumers are a resourceful lot and will do what they must to make ends meet, even if it means splitting up the weekly grocery bill...

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4 in 10 BNPL Shoppers Use It at Least Once a Month
4 in 10 BNPL Shoppers Use It at Least Once a Month
November 10, 2023  |  Buy Now Pay Later

Buy now, pay later (BNPL) has gained popularity in recent years among consumers and merchants alike. The payment method allows consumers to obtain goods and...

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Affirm’s Debit Card Sees 75K Signups Per Month
Affirm’s Debit Card Sees 75K Signups Per Month
November 08, 2023  |  Earnings

Affirm Holding’s fiscal first quarter results showed resilient consumer spending across a variety of channels and enthusiasm for the company’s debit card offering.  Supplementals from...

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