About sixty years ago, credit cards changed shopping by solving a simple problem: they let people buy now and pay later anywhere the cards were...
Splitit and Ant International’s Antom have partnered to enable merchants to offer their customers a card-linked installment payment option. The companies will launch this offering...
Buy now, pay later (BNPL) options have become deeply embedded in the financial lives of consumers in the United States, influencing everything from daily grocery...
Affirm has announced a new revolving pass-through loan sale facility in which PGIM Fixed Income, a Prudential Financial company, will invest up to $3 billion...
Klarna is piloting a card that spends like debit but can flip into pay later mode, extending the buy now, pay later (BNPL) model from...
New York state introduced legislation to provide oversight to the pay later sector. The legislation, part of Gov. Kathy Hochul’s new budget, is one of...
In its fiscal third quarter, Affirm’s gross merchandise value jumped double digits, all but one spending category showed gains, underscoring the appeal of paying over...
The “What’s Next in Payments” series exploring the dynamic service economy has focused on the evolution of payments companies as they add a range of...
Consumers facing cash flow shortages are more likely to use pay later services compared to their financially stable counterparts, highlighting a divide in payment preferences...