installment plans

Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending
Nearly 3 in 4 Shoppers Rely on Installment Plans to Control Holiday Spending
October 10, 2023  |  Consumer Finance

Accounting for nearly 20% of annual retail sales, the holiday season, which spans November and December, is a critical period for both merchants and consumers. ...

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High-Income Earners’ Love of Installment Plans Signals Lucrative Opportunity for Merchants
High-Income Earners’ Love of Installment Plans Signals Lucrative Opportunity for Merchants
September 29, 2023  |  Consumer Finance

Credit card installment plans for common purchases are gaining popularity among consumers, who are drawn to the flexibility they offer in managing their spending and...

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1 in 5 Shoppers Pay for Groceries in Installments
1 in 5 Shoppers Pay for Groceries in Installments
September 28, 2023  |  Consumer Insights

With consumers’ economic challenges continuing to limit their spending, many are turning to installment plans just to afford groceries, PYMNTS Intelligence reveals. By the Numbers...

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45% of Consumers Used Credit Card Installment Plans In Past Year
45% of Consumers Used Credit Card Installment Plans In Past Year
September 28, 2023  |  Consumer Payments

Installment plans have become an increasingly important payment method that many shoppers prefer. Across age groups and income brackets, 60% of consumers use installment plans...

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IKEA and Afterpay Bring BNPL to Furniture Buying
IKEA and Afterpay Bring BNPL to Furniture Buying
September 19, 2023  |  Retail

IKEA has entered the buy now, pay later (BNPL) space with the help of Afterpay. The world’s largest furniture retailer announced Tuesday (Sept. 19) that Afterpay’s “Pay...

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BNPL’s Consistent Market Share Underpins Installment Plans’ Staying Power
BNPL’s Consistent Market Share Underpins Installment Plans’ Staying Power
March 02, 2023  |  BNPL

Data demonstrates that any rumors of the installment plan’s demise may have been greatly exaggerated. By most accounts, buy now, pay later (BNPL) and similar...

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2023 Looms as BNPL’s Banner Year as Consumers Seek Payments Choice
2023 Looms as BNPL’s Banner Year as Consumers Seek Payments Choice
January 13, 2023  |  Buy Now Pay Later

The surging popularity of buy now, pay later has bucked conventional wisdom about installment lending. “At the beginning of the BNPL boom, we heard all...

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Paidy Founder Says Japanese Consumers Ready For New Take On Buy Now Pay Later
Paidy Founder Says Japanese Consumers Ready For New Take On Buy Now Pay Later
December 01, 2020  |  Payment Methods

When it comes to the attitude about and usage of credit, not all countries are created equal. In fact, even within geographic areas certain countries...

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Alt-Credit Apps Hold Steady In New Provider Ranking
Alt-Credit Apps Hold Steady In New Provider Ranking
May 27, 2020  |  Mobile Applications

Installment plan shopping has never seemed more appealing than now, in a retail and economic landscape left in tatters by the COVID-19 pandemic. Accordingly, big...

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