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Verifone Welcomes Another BNPL Option; Celero Acquires Omega; Boku To Sell its Identity Unit
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Eye on BNPL: Verifone And Affirm; Uplift and Southwest Airlines; Sezzle’s New Options
Terminal maker Verifone Inc. expanded its buy now pay later options Tuesday through a partnership with Affirm Inc. The deal will enable merchants using Verifone terminals to automatically offer Affirm as a payment option online and in-store. Merchants will be able to offer Affirm’s full range of payment options, including …
Read More »Trends Like Open Banking And BNPL Will Sustain E-Commerce’s Hot Streak, a Report Says
Open banking, single-click checkout wallets, and the hot buy now, pay later trend will all help drive e-commerce volume worldwide in the coming five years, predicts Juniper Research in a report released Monday. This momentum is likely to push online sales long after the short-term impetus from the pandemic subsides, …
Read More »The Problem with Multiple BNPL Accounts; Eye on Crypto; 82% of SMBs Anticipate Accepting Digital Payment
A Survey Says Consumers Who Open Multiple BNPL Accounts Are Likely to Miss a Payment
Buy now, pay later loans are extremely popular, especially among Millennials and Gen Zers, because the loans give them more purchasing power, and they can spread out the payments, usually without having to pay interest. Yet, despite the immense popularity of BNPL loans, evidence is emerging that consumers with multiple …
Read More »How Payix Will Raise Repay’s BNPL Game; Inertia Rules in Account Loyalty; 67% Willing To Pay with Crypto
What BNPL Means for Retail Payments
It’s the hottest trend in online credit. The rewards outweigh the risks for most consumers and merchants. Buy Now Pay Later (BNPL) is a payment option that allows customers to make purchases at stores and online without paying the complete amount upfront. Similar to the layaway programs of the past, BNPL …
Read More »Equifax Adds BNPL Data to Credit Reports; Cerence’s AI and In-Car Payments; Taptap Send Raises $65 Million
In a First, Equifax Adds BNPL Payment Data To Credit Reports
To help buy now, pay later lenders better manage the risk associated with each applicant, Equifax Inc. on Monday announced it will begin in 2022 including BNPL payment data in consumer credit reports. To report the data, Equifax has created a new code to designate BNPL tradelines in consumer credit …
Read More »The CFPB Delves into BNPL Providers; Astra Eyes Debit Card Transfers; Plus Weekly Recap
