Regulators worldwide are bearing down on BNPL providers over concerns about overspending, debt accumulation, and privacy invasion. Omri Flicker, chief legal and risk officer at Splitit, says those who already play by existing rules aren’t losing any sleep.
Buy now, pay later (BNPL) payments have exploded in popularity in the past several years, now with more than 360 million users worldwide. While BNPL offers no interest on payments made by the due date, users who fail to make payments on time can face...
Complications run rampant in B2B payments, with small businesses especially struggling to overcome payment delays, cash management challenges and a host of other issues. While large businesses can deploy tremendous resources and extensive accounts payable (AP) teams to brute-force their way through these obstacles, small-...
What happens when businesses need expensive supplies but have difficulty purchasing them upfront? Neha Raghava of equipment supplier Bryant Dental explains how B2B BNPL can help businesses buy them so that suppliers don’t have to wait for the proverbial check in the mail.
March 21, 2023
Business-to-business (B2B) payments are the lifeblood of the modern economy. They are necessary for any business that deals with physical goods, from the smallest craft shop needing to purchase needles and thread to the largest technology titan having to buy microchips. B2B payments total $25 trillion annually in the United States and $120 trillion globally. […]
March 03, 2023
Digital wallets, buy now, pay later (BNPL) and a wide range of credit cards and apps compete for space at the checkout, adding friction to the point of sale. Frustrating...
November 23, 2022
Buy now, pay later (BNPL) has quickly grown in popularity among consumers. PYMNTS research found that in the past year, 50 million consumers across the United States have leveraged this...
June 28, 2022
Buy now, pay later (BNPL) services are becoming popular in Australia, the United Kingdom, the United States and other countries around the world. BNPL usage varies significantly across different age...
