Friday , November 22, 2024

Search Results for: BNPL

Most Consumers Want To Decrease Credit Card Use As BNPL And Debit Gain Favor, a Survey Finds

A majority of U.S. consumers in all age groups—76%—would like to decrease their use of credit cards as they seek to avoid debt, are wary of their ability to pay off their balances each month, and have concerns about making the minimum payments, according to a survey from GoCardless Ltd., …

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Discover Is the Latest Card Network to Bust Into BNPL, a Market With Heated Rivalry

The buy now, pay later trend has gained enough steam that the major card networks can’t afford to ignore it. The latest evidence that the credit card giants want to hedge their bets came this week with the news that Discover Financial Services invested $30 million in Minneapolis-based Sezzle Inc., …

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Trust And Security Could Be Big Hurdles As Apple Prepares Its Entry Into BNPL

For Apple Inc. to become a disruptor in the rapidly growing buy now, pay later market, the technology giant is going to have to win consumer’s trust and demonstrate its BNPL platform is secure.  Reports of Apple developing a BNPL product, which the company has internally dubbed Apple Pay Later, …

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BNPL Specialist Klarna Looks to Bolster Its Role in E-Commerce With Its Hero Deal

With volumes rising fast in both e-commerce generally and in the buy now, pay later business, BNPL payments provider Klarna AB has made a play to secure its position in both markets. The company announced Friday it has acquired Hero Towers Ltd., a 6-year-old social-shopping service that lets consumers interact …

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Splitit Adds BNPL In-Store Option and other Digital Transactions News briefs from 7/7/21

As consumers return to physical stores, Splitit USA Inc., a buy now, pay later provider, announced it is making its service available in-store and including availability with Apple Pay and Google Pay.Fly Now Pay Later, a United Kingdom-based fintech, announced a deal with Cross River Bank in New Jersey that will …

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Digital Transactions