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...
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...
Accounting for nearly 20% of annual retail sales, the holiday season, which spans November and December, is a critical period for both merchants and consumers. ...
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...
With consumers’ economic challenges continuing to limit their spending, many are turning to installment plans just to afford groceries, PYMNTS Intelligence reveals. By the Numbers...
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...
IKEA has entered the buy now, pay later (BNPL) space with the help of Afterpay. The world’s largest furniture retailer announced Tuesday (Sept. 19) that Afterpay’s “Pay...
Data demonstrates that any rumors of the installment plan’s demise may have been greatly exaggerated. By most accounts, buy now, pay later (BNPL) and similar...
The surging popularity of buy now, pay later has bucked conventional wisdom about installment lending. “At the beginning of the BNPL boom, we heard all...