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 and 1989, and between 1990 and 1999, respectively. As PYMNTS has found, they are also the highest spenders on average,...
With the buy now, pay later (BNPL) movement on the rise, Affirm will be working with Shopify so its U.S. merchants can offer a BNPL payment option to their customers, the two companies said in a release. Affirm’s program essentially provides buyers of a wide range...
Amazon Pay has introduced a new credit service in India called Amazon Pay Later that offers merchandise repayment extending as long as 12 months. The eCommerce giant is also partnering with Indian Railways so it can get more essential goods to a larger population of...
As the economic collateral damage induced by the COVID-19 epidemic has spread far and wide throughout the nation, leaving nearly 20 million Americans newly unemployed, economic anxiety has become endemic. PYMNTS’ Navigating the COVID-19 Pandemic: How the Paycheck-to-Paycheck Economy Is Beginning to Buckle reveals that the consumers who...
July 22, 2020
With the buy now, pay later (BNPL) movement on the rise, Affirm will be working with Shopify so its U.S. merchants can offer a BNPL payment option to their customers, the two companies said in a release. Affirm’s program essentially provides buyers of a wide range of products with a short-term loan that can be repaid […]
April 29, 2020
Amazon Pay has introduced a new credit service in India called Amazon Pay Later that offers merchandise repayment extending as long as 12 months. The eCommerce giant is also partnering...
April 14, 2020
Afterpay’s third-quarter results show that its buy now, pay later (BNPL) online payment method continues to attract consumers. Its number of U.S. customers surged to 4.4 million (a 283 percent...
March 24, 2020
Shuttered businesses and missed paychecks are causing panic across the mortgage industry as the coronavirus cripples finances for struggling homeowners. “It’s going to be a liquidity tsunami,” Jay Bray, chief...
