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Comfi Secures $5 Million Debt Facility to Expand B2B Payments
Comfi Secures $5 Million Debt Facility to Expand B2B Payments
June 28, 2024  |  B2B Payments

Dubai-based FinTech Comfi reportedly secured a $5 million debt facility to expand its B2B payment platform and support its launch of an embedded buy now,...

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Australia Leads Global BNPL Charge, Triples US Adoption Rate
Australia Leads Global BNPL Charge, Triples US Adoption Rate
June 28, 2024  |  BNPL

As buy now, pay later (BNPL) options become more common around the world, the Land Down Under is leading the charge by a considerable margin....

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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...

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Exclusive: Amazon Canada Taps Visa for Installment Plans
Exclusive: Amazon Canada Taps Visa for Installment Plans
June 27, 2024  |  VISA

Some of the seven new product and feature announcements Visa announced at its May 15 user conference are starting to gain traction. Case in point:...

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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...

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Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts
Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts
June 24, 2024  |  Buy Now Pay Later

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...

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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...

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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....

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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...

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