Buy Now Pay Later/page/5 news and trends

Affirm Begins Rollout of Pay-Over-Time Options in UK
Buy Now Pay Later // November 03, 2024

Affirm launched its pay-over-time options in the United Kingdom. The company will initially offer its interest-free and interest-bearing monthly payment options, with any interest applied being fixed and calculated solely on the original principal amount, Affirm said in a Monday (Nov. 4) press release emailed...

Zoom Picks Klarna for Flexible Premium Payments
Buy Now Pay Later // October 31, 2024

Swedish FinTech Klarna has launched a payments partnership with video communications platform Zoom. The collaboration, announced by the buy now, pay later (BNPL) firm Thursday (Oct. 31), is designed to give consumers greater access to Zoom’s premium services.  “We want Klarna at every checkout, available...

Affirm Updates BNPL App Ahead of Holiday Shopping Season
Buy Now Pay Later // October 30, 2024

Ahead of the holiday shopping season, payments network Affirm is upgrading its app. The company, known for its buy now, pay later (BNPL) offering, now provides users with — among other things — easier access to personalized payment terms and interest-free offers via its app,...

PayPal Reports BNPL Bounce, More Focus on Financial Services
Earnings // October 29, 2024

With its transaction growth rates slowing and less-than-expected revenue guidance for the balance of the year, PayPal focused on its repositioning from a peer-to-peer pioneer to a two-sided payments technology platform in its Q3 earnings call Tuesday (Oct. 29). Notably absent from the call was any...

Interviews & Exclusives
PayPal Reports BNPL Bounce, More Focus on Financial Services

October 29, 2024
With its transaction growth rates slowing and less-than-expected revenue guidance for the balance of the year, PayPal focused on its repositioning from a peer-to-peer pioneer to a two-sided payments technology platform in its Q3 earnings call Tuesday (Oct. 29). Notably absent from the call was any substantial discussion of the financial health of consumers that will […]

Embedded Finance Comes With Side-Helping of More Merchant Sales

October 22, 2024
The promise of embedded payments — and the march toward embedded everything — says that commerce and money movement is seamless and intuitive. In the continuing conversations within the “What’s...

BNPL Trade Group Sues CFPB Over ‘Impossible’ Disclosure Rules

October 21, 2024
The suit filed last week seeking to stop a new rule from the Consumer Financial Protection Bureau (CFPB) governing buy now, pay later (BNPL) loans has a number of what,...

39% of Millennials Say They’ve Used BNPL as a Payment Option in the Last Year

September 30, 2024
Buy now, pay later (BNPL) has emerged as a compelling payment option, particularly among millennials. This shift presents an opportunity for subscription merchants to enhance their offerings, potentially increasing revenue...

Quick Reads
Affirm Begins Rollout of Pay-Over-Time Options in UK

November 03, 2024
Affirm launched its pay-over-time options in the United Kingdom. The company will initially offer its interest-free and interest-bearing monthly payment options, with any interest applied being fixed and calculated solely on the original principal amount, Affirm said in a Monday (Nov. 4) press release emailed to PYMNTS. There are no late fees or hidden charges, […]

Zoom Picks Klarna for Flexible Premium Payments

October 31, 2024
Swedish FinTech Klarna has launched a payments partnership with video communications platform Zoom. The collaboration, announced by the buy now, pay later (BNPL) firm Thursday (Oct. 31), is designed to...

Affirm Updates BNPL App Ahead of Holiday Shopping Season

October 30, 2024
Ahead of the holiday shopping season, payments network Affirm is upgrading its app. The company, known for its buy now, pay later (BNPL) offering, now provides users with — among...

Klarna Valued at $14.6 Billion After Investor Raises Stake’s Value

October 28, 2024
Chrysalis Investments increased the value of its stake in Klarna, reportedly giving the buy now, pay later (BNPL) provider an implied valuation of around $14.6 billion. The shareholder boosted the...