Splitit

Shoppers Spend Twice as Much with General Purpose Credit Card Installment Plans than BNPL

Shoppers Spend Twice as Much with General Purpose Credit Card Installment Plans than BNPL
Shoppers Spend Twice as Much with General Purpose Credit Card Installment Plans than BNPL
May 16, 2024  |  BNPL

Pay later plans break up the cost of purchases into smaller scheduled payments over time. These plans have gained popularity with consumers. However, PYMNTS Intelligence...

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Why Gen Z Shops Merchants That Offer Pay Later Plans
Why Gen Z Shops Merchants That Offer Pay Later Plans
May 16, 2024  |  Consumer Finance

Pay later plans have gained value since they offer consumers flexibility and better spend management. PYMNTS Intelligence reveals consumers’ preferences for these plans, particularly around...

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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...

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79% of US Consumers Are Highly Satisfied With BNPL 
79% of US Consumers Are Highly Satisfied With BNPL 
April 25, 2024  |  Buy Now Pay Later

Split-payment or installment plans such as buy now, pay later (BNPL) enable consumers to shop more strategically, buying items one day and paying for them...

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Splitit Powers Banks Installment Plans at Checkout
Splitit Powers Banks Installment Plans at Checkout
April 24, 2024  |  Payment Methods

Splitit has launched a solution that enables banks and card issuers to offer installment plans to their customers at a merchant’s checkout. Get the Full...

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Bank Branches Evolve Into Financial Education ‘Magnets’
Bank Branches Evolve Into Financial Education ‘Magnets’
March 29, 2024  |  Financial Inclusion

Last year, banks shuttered 2,300 branches. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Embedded Solutions Spur Demand for Card-Based Installments
Embedded Solutions Spur Demand for Card-Based Installments
March 20, 2024  |  Payment Methods

Colin Mellon, chief commercial officer at Splitit, told PYMNTS that installment plans, when linked to traditional card-based payments, can offer benefits throughout the commerce ecosystem. Get...

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Nearly Half of Gen Z Installment Plan Users Leverage These for Groceries
Nearly Half of Gen Z Installment Plan Users Leverage These for Groceries
March 03, 2024  |  Retail

Among consumers who pay in installments, PYMNTS Intelligence finds, young shoppers are disproportionately ready to use these options to pay for their groceries. Get the...

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Why Are Merchants and Acquirers So Confused About BNPL and Installment Payment Plans?
Why Are Merchants and Acquirers So Confused About BNPL and Installment Payment Plans?
February 14, 2024  |  Consumer Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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