When a consumer is offered an installment or split-pay plan at the end of the checkout or any point of the shopping journey, the oft-assumed...
Merchants affiliated with acquirers offering installment plans are interested in their potential to boost sales, as consumers may make larger purchases if they can spread...
Buy now, pay later (BNPL) provider Affirm has expanded its long-standing partnership with Walmart. With this expansion, Affirm pay-over-time options will be added to self-checkout kiosks at more than 4,500...
Private equity group Motive Partners has secured a controlling stake in installment payments company Splitit. Motive has committed to invest $50 million in Splitit, the companies announced Tuesday (Dec. 13)...
Traditionally, consumers have relied on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto...
Affirm Holdings CEO Max Levchin says the buy now, pay later (BNPL) industry offers an alternative to high-interest credit cards. This model allows customers to...
Merchants can maximize their competitiveness by offering split-pay options — and should do so if they don’t want to lose potential sales or want to...
As we enter the holiday season, consumers are finding ways to manage their finances. The advent of split payments and other flexible spending programs is...
Australia’s younger consumers are increasingly embracing buy now, pay later (BNPL), a new survey shows. More than 40% of shoppers between 18 and 39 use the installment...