Showing results for 'BNPL' in Articles
295 Articles | 81 Magazines | 2 Research | 6 Whitepapers

As growth continues in BNPL, market dynamics fascinate…

11 Jul 24 @ 10:00

The Global Payments Report 2024 from Worldpay projects continuing strong growth for Buy Now Pay Later (BNPL) as a payment form over the next five years. Underneath this positive outlook, however,... read more

Has BNPL had its moment – Laybuy heads for receivership

18 Jun 24 @ 14:58

Just hours after Apple announced it will be withdrawing its Apple Pay Later product and replacing it with a more traditional financing model which includes a financial institution, Laybuy has... read more

US moves to regulate BNPL the same as credit cards

24 May 24 @ 09:07

The U.S. Consumer Financial Protection Bureau (CFPB) issued a new interpretation under the existing Truth in Lending Act. It states that BNPL (buy now, pay later) companies must provide the same... read more

Google Pay pushes BNPL and drops CVV for biometrics

23 May 24 @ 15:56

Google has introduced three new Google Pay features that they say have been developed listening to direct customer feedback. According to their website, Shoppers tell them the three things they care... read more

American Express launch BNPL service Plan It

27 Feb 24 @ 16:11

American Express is set to launch a BNPL product dubbed ‘Plan It’ for the UK market. Plan It, as per other BNPL products, allows credit cardholders to pay off purchases, or... read more

Half of UK adults use BNPL – government delays plan to regulate

07 Feb 24 @ 18:28

An increasing number of UK consumers are using buy now pay later (BNPL) services despite the government being unlikely to introduce planned regulation to the sector. Such legislation would give... read more

Google Pay launch BNPL at checkout

13 Dec 23 @ 18:23

Google says it will enable merchants in the US who accept Google Pay online to integrate the Zip Pay-In-4 BNPL service, issued by WebBank. This integration, scheduled for a pilot... read more

Consumers shake up how they access and use BNPL and credit

23 Oct 23 @ 09:30

Consumers are looking to new tools and brands to access BNPL, credit and other financial services, according to a new survey. The 2023 State of Credit report which surveyed 3,000... read more

PayPal and KKR announce €40 billion European BNPL deal

21 Jun 23 @ 16:40

PayPal and KKR have announced the signing of an exclusive multi-year agreement under which KKR will purchase up to €40 billion of buy now, pay later (BNPL) loan receivables originated... read more

The UAE: RTP and BNPL take centre stage as e-commerce rises

26 May 23 @ 10:10

New data from The Global Payments Report 2023 by Worldpay from FIS reveals rapid changes in how consumers in the United Arab Emirates (UAE) are paying for goods and services.... read more

Apple launch BNPL offering Apple Pay Later

29 Mar 23 @ 10:47

Apple has finally launched its much-awaited BNPL offering Apple Pay Later, in its digital wallet. The product, like conventional BNPL offerings, allows customers to pay for online purchases in instalments.... read more

Battle for BNPL customers is being won at point of sale

21 Mar 23 @ 15:53

Buy Now Pay Later (BNPL) usage continues to grow, but not all these payment plans are experiencing the same level of customer engagement. By the end of 2021, shoppers had... read more

Complaints against BNPL firms increase 36%

21 Feb 23 @ 11:18

Complaints to the Financial Ombudsman Service against BNPL firms have jumped 36% over the last three years, highlighting the need to speed up and implement robust regulation of the Buy... read more

BNPL regulation: Is consumer debt finally reaching breaking point?

15 Feb 23 @ 17:01

BNPL has, to date, managed to escape regulations aimed at other interest-bearing loans. In the UK, where the BNPL market was worth £5.7 billion in 2021, as with regulators in... read more

UK BNPL market steams ahead to reach $55 billion

10 Feb 23 @ 13:29

The BNPL payment industry in UK has recorded strong growth over the last four quarters, supported by increased e-commerce penetration. BNPL payments are expected to grow by 20.1% on an... read more

The Global Payments Innovation Jury on BNPL and CBDC

08 Feb 23 @ 17:24

The Global Payments Innovation Jury has published its 2022 report into the direction of the industry. Payments Cards & Mobile (PCM) caught up with Jury Chairman John Chaplin (JC) to... read more

Paying with BNPL leads to 72% higher transaction value

23 Jan 23 @ 12:51

Consumers spend on average 72% more per e-commerce transaction if they can pay with BNPL instalments, according to a recent study from Erasmus University Rotterdam (EUR). The study investigated a... read more

UK B2B SMEs missing out on opportunity to use BNPL to grow sales

10 Jan 23 @ 15:39

Coming directly after Santander announced its new platform, research published by Kriya, shows that the leaders of UK B2B firms do not plan to offer BNPL on their e-commerce sites... read more

Santander launches B2B BNPL platform

09 Jan 23 @ 17:00

Santander says it is set to launch a B2B (business-to-business) BNPL service aimed at the corporate sector. In what Santander claims to be the first of its kind, its corporate... read more

US credit card spending drops, users move to BNPL

03 Jan 23 @ 12:52

For some time, the US credit card business has struggled with burgeoning costs and decreasing profitability. Now a range of factors – including rising inflation, a weakening economy and increased... read more

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Visa strengthens fraud defences with BioCatch acquisition

05 Aug 26 @ 16:37

Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more

Fiserv and Mastercard expand strategic alliance

05 Aug 26 @ 16:36

Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more

RBC and BMO sell Moneris to Francisco Partners for C$2bn

13 Aug 26 @ 15:19

Royal Bank of Canada and Bank of Montreal have agreed to sell their jointly owned payments processor Moneris to private equity group Francisco Partners in a C$2... more