BNPL

Retailers’ Embedded Finance Bets Pay Off
Retailers’ Embedded Finance Bets Pay Off
March 25, 2024  |  Retail

Retailers around the world are seeing their investments in embedded finance offerings boost their revenue. By integrating financial services directly into the shopping experience —...

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Gen Z Proves Hardest for BNPL Providers to Please
Gen Z Proves Hardest for BNPL Providers to Please
March 21, 2024  |  BNPL

While the vast majority of consumers are highly satisfied with their buy now, pay later (BNPL) experiences, PYMNTS Intelligence research finds that many Gen Z...

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Will Bumper Crop of IPOs Take Cue From Busted FinTech Offerings?
Will Bumper Crop of IPOs Take Cue From Busted FinTech Offerings?
March 20, 2024  |  IPO

Investors may be gearing up for an initial public offering (IPO) renaissance, but if PYMNTS’ FinTech IPO Index serves as any harbinger: Caveat emptor. There’s...

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Embedded Solutions Spur Demand for Card-Based Installments
Embedded Solutions Spur Demand for Card-Based Installments
March 20, 2024  |  Payment Methods

Colin Mellon, chief commercial officer at Splitit, told PYMNTS that installment plans, when linked to traditional card-based payments, can offer benefits throughout the commerce ecosystem. But...

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Split Payments May Boost Merchants’ Private-Label Card Momentum
Split Payments May Boost Merchants’ Private-Label Card Momentum
March 19, 2024  |  Payment Methods

For closed-loop systems — merchant-specific cards — split-payment options may spark both interest and momentum. Less than a year ago, PYMNTS Intelligence found that more...

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ShopBack Cuts 24% of Staff Amid BNPL Retreat
ShopBack Cuts 24% of Staff Amid BNPL Retreat
March 19, 2024  |  BNPL

Singapore’s ShopBack is cutting a quarter of its staff as it exits the BNPL space. CEO Henry Chan announced the cuts in a message to employees Tuesday (March 19), saying...

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Galileo Expands BNPL Offering for Banks and FinTechs
Galileo Expands BNPL Offering for Banks and FinTechs
March 19, 2024  |  Buy Now Pay Later

Galileo Financial Technologies has launched an expansion of its buy now, pay later (BNPL) offering. The company now lets banks and FinTechs offer cardholders new post-purchase...

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60% of US Shoppers Used Split-Payment Options in the Past Year
60% of US Shoppers Used Split-Payment Options in the Past Year
March 19, 2024  |  Buy Now Pay Later

Split-payment or installment plans such as buy now, pay later (BNPL) enable consumers to spread the costs of purchases over multiple installments. Consumers appear to...

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PublicSquare Taps Klarna Vet Billingsley to Promote ‘Uncancellable’ Payments
PublicSquare Taps Klarna Vet Billingsley to Promote ‘Uncancellable’ Payments
March 18, 2024  |  Personnel

PublicSquare, the self-described “patriotic” marketplace, is entering the payments space. The company announced Monday (March 18) it had hired former Klarna USA CEO Brian Billingsley...

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