In recent years, split-pay options have gained popularity among consumers of all demographic groups looking for greater flexibility in managing their expenses. But it’s not...
Merchants affiliated with acquirers offering installment plans are interested in their potential to boost sales, as consumers may make larger purchases if they can spread...
Private equity group Motive Partners has secured a controlling stake in installment payments company Splitit. Motive has committed to invest $50 million in Splitit, the companies announced Tuesday (Dec. 13)...
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...
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...
Business payments, increasingly, are being transformed by a number of innovations that take their cue from the consumer realm. B2B transactions, of course, are complex...
Installment plans have become a preferred payment method for consumers. PYMNTS Intelligence has found that 60% of shoppers used an installment plan to buy consumer...
Getting what we want — now — but paying later for it is top of consumers’ minds. Nandan Sheth, CEO at Splitit, told Karen Webster...
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...