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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...

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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...

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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,...

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Consumers Embrace BNPL for Groceries Amid Rising Food Costs
Consumers Embrace BNPL for Groceries Amid Rising Food Costs
June 12, 2024  |  Buy Now Pay Later

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,...

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Apple Pay Expands Services Ecosystem ‘Off’ iPhone Onto Chrome and Into Installments
Apple Pay Expands Services Ecosystem ‘Off’ iPhone Onto Chrome and Into Installments
June 11, 2024  |  Apple Pay

The first few days of Apple’s annual developer conference, stretching from Monday (June 10) to Friday (June 14), may seemingly be all about artificial intelligence....

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Apple Pay to Offer Access to Affirm BNPL Loans
Apple Pay to Offer Access to Affirm BNPL Loans
June 11, 2024  |  Buy Now Pay Later

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...

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BNPL Users Want to Be Rewarded for Their Purchases
BNPL Users Want to Be Rewarded for Their Purchases
June 10, 2024  |  Buy Now Pay Later

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...

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Acquirer Survey Shows Card-Linked Installments Help Merchants Boost Sales
Acquirer Survey Shows Card-Linked Installments Help Merchants Boost Sales
June 10, 2024  |  Consumer Payments

There is a gap between acquirers’ self-reports and implementation. While 72% of acquirers say they support credit card-linked installment options online or in-store, only 3...

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Sainsbury’s Brands Argos, Habitat, TU Add Klarna BNPL Options
Sainsbury’s Brands Argos, Habitat, TU Add Klarna BNPL Options
June 07, 2024  |  Buy Now Pay Later

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...

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