Buy Now Pay Later

Buy Now Pay Later
Sezzle Adds Spanish Language Capability to BNPL App, Checkout
July 16, 2024

Sezzle has added Spanish language capability to its buy now, pay later (BNPL) app and checkout. This capability is meant to appeal to the 40 million Americans who speak Spanish, the company said in a Tuesday (July 16) press release. “At Sezzle, we’re committed to...

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Adobe Commerce Adopts Klarna’s BNPL Services
July 02, 2024

Adobe Commerce merchants can now offer their customers Klarna’s buy now, pay later (BNPL) services and other flexible payment options. The partnership will help these merchants meet the growing demand for BNPL, the companies said in a Tuesday (July 2) press release. “Klarna’s global footprint...

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Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts
June 24, 2024

Klarna sold its online checkout solution, Klarna Checkout (KCO), for $520 million to a group of investors led by BLQ Invest CEO and founding partner Kamjar Hajabdolahi. The buyers will assume ownership of KCO on Oct. 1, and Klarna’s payment methods will continue to be...

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Only 6% of Acquirers Offer Installment Payment Options at Checkout
June 21, 2024

Fifty-four percent of acquirers — those financial institutions (FIs) that process credit and debit card transactions on behalf of merchants — say they support card-linked installment options, but recent PYMNTS Intelligence data reveals the actual percentage is much lower. According to our report, “Navigating New...

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Consumers Embrace BNPL for Groceries Amid Rising Food Costs
June 12, 2024

Around the world, grocers are exploring buy now, pay later (BNPL) capabilities to offer installment options to consumers struggling with inflation. In the United Kingdom, for instance, BNPL is getting one step closer to making its way into grocery stores. Klarna announced Friday (June 7)...

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Apple Pay to Offer Access to Affirm BNPL Loans
June 11, 2024

Apple Pay users in the United States will be able to apply for buy now, pay later (BNPL) loans through Affirm during checkout. This is one of several new features that will be added to Apple Pay in the fall, Apple said in a Tuesday...

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BNPL Users Want to Be Rewarded for Their Purchases
June 10, 2024

More consumers would use buy now, pay later (BNPL) for larger purchases if they could be sufficiently rewarded for doing so. By the Numbers The PYMNTS Intelligence report “Tracking the Digital Payments Takeover: What BNPL Needs to Win Wider Adoption” was based on a survey...

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Sainsbury’s Brands Argos, Habitat, TU Add Klarna BNPL Options
June 07, 2024

Sainsbury’s is now offering shoppers in the United Kingdom the option of using Klarna’s buy now, pay later (BNPL) payment methods at the online checkouts of its brands Argos, Habitat and TU. With the new partnership between the two companies, shoppers will have access to...

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Affirm Says Two New BNPL Offers Better Align Payments With Paychecks
June 06, 2024

Buy now, pay later (BNPL) provider Affirm has launched two new payment options. The company on Thursday (June 6) announced the debut of Pay in 2 and Pay in 30, designed to offer customers more flexibility and affordability. As the name suggests, the new offerings...