Tabby, a shopping and financial services app active in Saudi Arabia, Kuwait and the United Arab Emirates (UAE), has launched a subscription service in the UAE that allows shoppers to pay in four installments anywhere using their Tabby Card. With a Tabby+ subscription, customers can...
PayTabs Egypt, a provider of digital payment solutions, partnered with Souhoola, an Egyptian buy now, pay later (BNPL) platform. Via the collaboration, PayTabs Egypt will add another BNPL option to its portfolio of payment solutions, the companies said in a Monday (Feb. 26) press release....
As consumers look to installment plans to help them afford the products they want under ongoing budgetary pressures, many are turning to buy now, pay later (BNPL) to acquire their go-to health and beauty products. By the Numbers For the study “Tracking the Digital Payments...
Back in June, PYMNTS Intelligence crystallized the fact that buy now, pay later (BNPL) payment options were gaining notice and demand from a wide swath of consumers across all tiers of household income and for a broad range of purchases, from small, everyday staples to...
Consumers are especially inclined to use deferred payment plans to pay for apparel and accessories, PYMNTS Intelligence research reveals, be it buy now, pay later (BNPL) or credit card installments. By the Numbers The PYMNTS Intelligence study “Tracking the Digital Payments Takeover: What BNPL Needs...
Many buy now, pay later (BNPL) users alter their purchasing when the payment method is not available, with PYMNTS Intelligence research revealing that millennials are disproportionately likely to trade down to cheaper items when not offered the option. By the Numbers The PYMNTS Intelligence report...
As buy now, pay later (BNPL) companies tinker with different methods to drive long-term engagement, Affirm and Afterpay are rethinking their loyalty strategies. On Monday (Feb. 5), Affirm shut down its rewards program, which offered points per BNPL purchase that could be redeemed for $5...
Split-payment plans, or installment plans as they are more popularly called, have gained momentum in the consumer commerce space in recent years. These plans — not only general-purpose card plans but also split-payment plans that use merchant or store cards and buy now, pay later...
With Valentine’s Day around the corner and Christmas fairly close in the rearview mirror, consumers’ budgets are likely stretched thin. If you’re looking for a way to get your sweetie something special and pay over time without interest, buy now, pay later might be the...
