BNPL

Sezzle Expands Rewards Program to Canada After Success in US
Sezzle Expands Rewards Program to Canada After Success in US
June 27, 2024  |  BNPL

Buy now, pay later (BNPL) firm Sezzle has expanded Payments Streaks, a program that rewards users for consistently making timely payments, to Canada, with the...

READ MORE >
Klarna Plus Subscription Numbers Reach 100,000 in US
Klarna Plus Subscription Numbers Reach 100,000 in US
June 25, 2024  |  Retail

Klarna says it subscription commerce service Klarna Plus now has 100,000 U.S. members. “The positive reception of Klarna Plus in the US really shows the value...

READ MORE >
Only 6% of Acquirers Offer Installment Payment Options at Checkout
Only 6% of Acquirers Offer Installment Payment Options at Checkout
June 21, 2024  |  Buy Now Pay Later

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...

READ MORE >
Why Merchants Prefer Card-Linked Pay Later Options
Why Merchants Prefer Card-Linked Pay Later Options
June 21, 2024  |  Consumer Payments

Merchants are increasingly recognizing the value of offering general-purpose credit card-linked installment plans. In fact, 37% of merchants now provide these installment plans at checkout....

READ MORE >
FinTech IPO Index Slips 2.1% With Sezzle Balancing the Scales
FinTech IPO Index Slips 2.1% With Sezzle Balancing the Scales
June 21, 2024  |  Fintech Investments

The holiday-shortened week saw the FinTech IPO Index slip 2.1%. Year to date, the index has eked out a meager 2.3% gain. Apple’s continued push...

READ MORE >
Reserve Bank of Australia Favors Surcharging in BNPL Sector
Reserve Bank of Australia Favors Surcharging in BNPL Sector
June 20, 2024  |  BNPL

The Reserve Bank of Australia (RBA) plans to review the issue of surcharging in the buy now, pay later (BNPL) sector. This review comes as...

READ MORE >
Payment Network Zilch Aims to Triple Sales After Raising $127 Million
Payment Network Zilch Aims to Triple Sales After Raising $127 Million
June 19, 2024  |  Investments

British payments FinTech Zilch has raised $127 million in debt financing via Deutsche Bank. The funding will help the company accelerate its ability to launch...

READ MORE >
Apple Shutters Pay Later as It Paves Broader Path for Installment Loans
Apple Shutters Pay Later as It Paves Broader Path for Installment Loans
June 17, 2024  |  Apple Pay

Nearly two years after its initial announcement and about eight months after its nationwide debut, Apple Pay Later is being discontinued.  In the wake of...

READ MORE >
Walmart and Amazon Race to Digitize the Physical Store
Walmart and Amazon Race to Digitize the Physical Store
June 14, 2024  |  Retail

As Walmart and Amazon compete to stay at the forefront of retail’s omnichannel transformation, the two industry giants are integrating digital technologies into physical stores,...

READ MORE >