Installment Payments news and trends

Klarna and Nets Team on BNPL for Nordic eCommerce Merchants
Buy Now Pay Later // May 15, 2024

Buy now, pay later (BNPL) firm Klarna and payments service provider Nets partnered to bring more payment options to merchant clients in Sweden, Norway and Denmark. Through the collaboration, eCommerce merchants can offer their customers BNPL and installment payments without having to perform multiple technical integrations, according to a Wednesday (May 15)...

Agile and ePayPolicy Team to Offer Insurance Financing
Insurance // May 14, 2024

Agile Premium Finance and ePayPolicy have teamed to offer insurance industry clients checkout financing options. “With ePayPolicy’s latest feature release, Finance Connect, Agile now offers its customers convenient online financing enrollment and premium payment solutions,” the companies said in a Tuesday (May 14) news release. “Finance Connect enables Agile...

Versatile Credit CEO Sees Steady Appetite for Consumer Financing
Loans // May 09, 2024

Banks and corporates by and large showed cautious optimism regarding consumer spending during the first-quarter earnings season. Now, the operative question surrounds the use of credit for the balance of Q2 and the rest of 2024. Will consumers want to borrow to maintain their spending?...

Sezzle Offers Rewards for On-Time BNPL Payments
BNPL // May 01, 2024

Payments platform Sezzle wants to reward users to stay on top of their bills.  To that end, the company on Wednesday (May 1) announced the launch of Payment Streaks, a feature designed to let users of the company’s buy now, pay later (BNPL) offering rise through loyalty...

Interviews & Exclusives
Versatile Credit CEO Sees Steady Appetite for Consumer Financing

May 09, 2024
Banks and corporates by and large showed cautious optimism regarding consumer spending during the first-quarter earnings season. Now, the operative question surrounds the use of credit for the balance of Q2 and the rest of 2024. Will consumers want to borrow to maintain their spending? Will lenders accommodate them if they do? As Versatile Credit […]

Marketplaces Focus on Loyalty Programs for Media and Telecom Sectors

March 20, 2024
Media and telecom organizations are working with payment facilitators (PayFacs), independent software vendors (ISVs) or marketplaces to make embedded finance part of their business models. According to PYMNTS Intelligence’s “The...

60% of US Shoppers Used Split-Payment Options in the Past Year

March 19, 2024
Split-payment or installment plans such as buy now, pay later (BNPL) enable consumers to spread the costs of purchases over multiple installments. Consumers appear to prefer these options. PYMNTS Intelligence...

Study Finds Embedded Finance Innovations Keep Momentum Despite Adoption Hurdles

March 13, 2024
The telecom and media sector is witnessing a surge in demand for embedded finance solutions, with a strong inclination toward embracing innovations such as installment plans, digital wallets, loyalty programs...

Quick Reads
Klarna and Nets Team on BNPL for Nordic eCommerce Merchants

May 15, 2024
Buy now, pay later (BNPL) firm Klarna and payments service provider Nets partnered to bring more payment options to merchant clients in Sweden, Norway and Denmark. Through the collaboration, eCommerce merchants can offer their customers BNPL and installment payments without having to perform multiple technical integrations, according to a Wednesday (May 15) news release. “We strive to facilitate flexible, safe and convenient […]

Agile and ePayPolicy Team to Offer Insurance Financing

May 14, 2024
Agile Premium Finance and ePayPolicy have teamed to offer insurance industry clients checkout financing options. “With ePayPolicy’s latest feature release, Finance Connect, Agile now offers its customers convenient online financing enrollment and premium payment...

Sezzle Offers Rewards for On-Time BNPL Payments

May 01, 2024
Payments platform Sezzle wants to reward users to stay on top of their bills.  To that end, the company on Wednesday (May 1) announced the launch of Payment Streaks, a feature designed...

Splitit Powers Banks Installment Plans at Checkout

April 24, 2024
Splitit has launched a solution that enables banks and card issuers to offer installment plans to their customers at a merchant’s checkout. The new FI-PayLater allows financial institutions (FIs) to connect directly...