installments

Mexico-Based Aplazo Raises $70 Million for Omnichannel Payment Platform
Mexico-Based Aplazo Raises $70 Million for Omnichannel Payment Platform
May 13, 2024  |  Payment Methods

Aplazo has raised $70 million in equity funding, including a $45 million Series B, to continue building its omnichannel payment platform. The Mexico-based company will...

READ MORE >
Splitit Gives Banks New Checkout Experience to Reclaim Pay Later Space
Splitit Gives Banks New Checkout Experience to Reclaim Pay Later Space
May 10, 2024  |  Buy Now Pay Later

Financial institutions (FIs) looking to get a piece of the action in the buy now, pay later (BNPL) space might be wise to investigate their...

READ MORE >
Banks Call For Greater BNPL Reporting Transparency
Banks Call For Greater BNPL Reporting Transparency
May 07, 2024  |  Buy Now Pay Later

In recent years, buy now, pay later (BNPL) platforms have gained popularity among consumers, offering a convenient way to finance purchases through installments. However, the lack...

READ MORE >
Revolving Credit Surge Hints at Split Payments’ Continued Appeal
Revolving Credit Surge Hints at Split Payments’ Continued Appeal
April 08, 2024  |  Alternative Credit

Debt continues to mount — and at an accelerated pace, per the Federal Reserve’s latest tally on consumer credit. Within that growth likely lies a continued...

READ MORE >
Klarna Late Fees Spark Uptick in On-Time Payments
Klarna Late Fees Spark Uptick in On-Time Payments
April 04, 2024  |  Buy Now Pay Later

Klarna is reportedly sending fewer British customers to debt collectors after introducing late fees. The share of accounts in the United Kingdom using the Swedish company’s...

READ MORE >
Price-Conscious Consumers Open Door for POS Financing Options
Price-Conscious Consumers Open Door for POS Financing Options
April 04, 2024  |  Consumer Finance

As inflation persists, so does sticker shock. For merchants seeking to close the sale, financing offered at the point of sale — before the purchase...

READ MORE >
Older Shoppers Demand to See Installment Plan Options Before Checkout
Older Shoppers Demand to See Installment Plan Options Before Checkout
March 27, 2024  |  Payment Methods

The lion’s share of shoppers wants merchants to let them know what installment plan options are available before the checkout process even begins, and older...

READ MORE >
Consumers Flock to BNPL to Pay for Clothing and Accessories
Consumers Flock to BNPL to Pay for Clothing and Accessories
February 13, 2024  |  Buy Now Pay Later

Consumers are especially inclined to use deferred payment plans to pay for apparel and accessories, PYMNTS Intelligence research reveals, be it buy now, pay later...

READ MORE >
BNPL Creates Dealership Revenues as Drivers Dodge Repair Sticker Shock
BNPL Creates Dealership Revenues as Drivers Dodge Repair Sticker Shock
January 10, 2024  |  Buy Now Pay Later

For Bumper CEO James Jackson, a career at tech firms over the course of more than a decade has served up “lots of valuable lessons on...

READ MORE >