Tuesday , November 26, 2024

Search Results for: BNPL

More Than One-Quarter of Surveyed BNPL Users Have Missed at Least One Payment

As the popularity of buy now, pay later services accelerates, potential problems do, too. Evidence of that has emerged in new research that finds 14% of BNPL users missed a payment once, and 12% missed a payment more than once, according to a new report from Piplsay, a consumer-research firm. …

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The BNPL Phenomenon

As buy now, pay later payments continue to garner consumer and merchant attention, what is driving the trend? And does it have staying power? Buy now, pay later services may have gotten a huge boost from the boom in e-commerce sales because of the Covid-19 pandemic, but as these effects …

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Whither BNPL?

It takes nothing away from the phenomenal arc the buy now, pay later trend is describing across the payments landscape to say that, in essence, it’s something quite old dressed up in modern duds. After all, installment credit in retail has been around for decades. But the genius of the …

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Mastercard Joins An Increasingly Crowded BNPL Field With the Debut Of Mastercard Installments

Mastercard Inc. joined the BNPL fray Tuesday with the introduction of Mastercard Installments. Consumers can access BNPL offers, either pre-approved through their lender’s mobile banking app or through instant approval at checkout, that can be used online or in-store wherever Mastercard is accepted. Consumers can choose from a variety of …

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BNPL Consumers Are Not Shy About Using Credit Products, a TransUnion Report Finds

New research suggests buy now, pay later users may not be shunning traditional retail credit products in favor of the installment-payment option. That’s one finding from TransUnion LLC’s “Understanding the Evolving Point-of-Sale” report released Thursday. The data show that 76% of the point-of-sale financing applicants had a retail card in …

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Eye on BNPL: Affirm Combines Repayment Options And SeaWorld Offers Uplift Installments

As the buy now, pay later payment option continues to permeate commerce, Affirm Inc. fine tunes its repayment options and Uplift hooks SeaWorld as a client. San Francisco-based Affirm says its new Adaptive Checkout gives consumers the option to pay in biweekly or monthly installments. The service will dynamically present a …

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