installment payments

Visa and BMO Team to Expand Credit Card Installment Access
Visa and BMO Team to Expand Credit Card Installment Access
October 30, 2023  |  Partnerships

Visa teamed with BMO to offer BMO credit card holders access to Visa’s Installments program. The payment option, set to launch next year, lets consumers...

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Are High-Income Consumers Poised to Pull Back and Trade Down?
Are High-Income Consumers Poised to Pull Back and Trade Down?
October 27, 2023  |  Consumer Finance

The latest reading on consumer sentiment signals that high-income consumers may embrace a few strategies to deal with concerns over inflation and dwindling stock portfolios....

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Millennials Turn to Deferred Payments to Spend More
Millennials Turn to Deferred Payments to Spend More
October 27, 2023  |  Consumer Finance

Millennials and bridge millennials most frequently turn to deferred payments for purchasing consumer items. These consumers are generally considered to have been born between 1980...

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Apple Pay Later Now Available for All Qualifying US Residents
Apple Pay Later Now Available for All Qualifying US Residents
October 25, 2023  |  Apple

Apple has reportedly launched Apple Pay Later for all qualifying U.S. residents. Available on an invite-only basis since March, the buy now, pay later (BNPL) feature is now...

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US Bank Debuts Avvance Installment Payment Tool
US Bank Debuts Avvance Installment Payment Tool
October 24, 2023  |  Loans

U.S. Bank has introduced a tool that lets businesses offer consumer financing at point-of-sale. The lender’s Avvance offering, announced Tuesday (Oct. 24) is an “embedded, multi-channel point-of-sale lending...

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Buy Now, Pay Later Is Having Its Kleenex Moment
Buy Now, Pay Later Is Having Its Kleenex Moment
October 23, 2023  |  BNPL

Kimberly Clark introduced Kleenex in 1924 as a product used by movie stars instead of face cloths to remove their makeup and keep their skin...

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Travel Spending May Get a Bounce Into the Holidays With BNPL and Rewards
Travel Spending May Get a Bounce Into the Holidays With BNPL and Rewards
October 20, 2023  |  Travel Payments

Summer’s over. Beach getaways are a thing of the past. And now the holidays approach. Jacqueline White, president at i2c, and Ray Chalub, COO of...

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Ubiquity Drives Consumer Demand for Credit Card Installment Plans
Ubiquity Drives Consumer Demand for Credit Card Installment Plans
October 19, 2023  |  Payment Methods

Getting what we want — now — but paying later for it is top of consumers’ minds. Nandan Sheth, CEO at Splitit, told Karen Webster...

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21% of Consumers Spread Out Restaurant Meal Payments
21% of Consumers Spread Out Restaurant Meal Payments
October 17, 2023  |  Buy Now Pay Later

As consumers look for ways to afford the luxuries that they want even in the face of ongoing financial challenges, PYMNTS Intelligence reveals that many...

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