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 buy now, pay later (BNPL) options. For example,…
In March, Apple became the first major provider of buy now, pay later loans to fully report its four-installment loan information and account histories to a credit bureau.
Merchants can offer 'buy now, pay later' options in-store at the point of sale in addition to eCommerce to increase average order and drive more sales ISELIN, N.J., May 15, 2024 /PRNewswire-PRWeb/ -- Celerant Technology, a leader in retail…
The federal government has given an update on ongoing submissions for the Nigerian Consumer Credit Corporation (NCCC) application recently initiated by President Bola Ahmed Tinubu. On Tuesday, the Managing Director and Chief Executive…
Maad, the Senegal-based tech & logistics platform for informal retailers has completed $3.2 million seed funding to further expand across & dominate the Senegalese market, introduce financial services such as Buy Now, Pay Later through a…
Klarna, the buy now pay later (BNPL) finance giant, has cleared a crucial hurdle on its journey towards a stock market flotation expected to value it at as much as $20bn (£15.9bn).
Adobe Analytics projects that buy now, pay later loans could drive as much as $84 billion in spending in 2024. But the debt shoppers are racking up is basically hidden from credit bureaus, lenders and economists.
Four-year-old Mexican BNPL startup Aplazo facilitates fractionated payments to offline and online merchants even when the buyer doesn't have a credit card.
Up until now, buy now, pay later loans have been hard to track, making it easier for more households to get in over their heads. That may be about to change.
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 timing. As FIs have struggled to unlock flexible payment options to their customers during the…
The laws of physics dictate that for every action, there is a reaction. As Tuesday (May 14) looms, with a new rule from the Consumer Financial Protection Bureau (CFPB) slated to take effect that would drastically lower credit card late…
Editor’s note: This is a recurring post, regularly updated with new information and offers. Paying your credit card balances in full every month is one of the 10 credit commandments here at TPG — not just for maximizing your travel rewards…
The National Credit Bureau (NCB) is calling on providers of buy now, pay later (BNPL) services to improve risk controls to prevent misuse of the system to create informal loans.