Toy merchants are working to boost their global visibility, and partnering with buy now, pay later (BNPL) providers that offer convenient payment options could be just the ticket. In the Buy Now, Pay Later Tracker, Alison Shaw, co-owner of Australia-based teddy bear retailer Tambo Teddies,...
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What instant lending innovation have shoppers fallen in love with? Here’s a hint: We’ll tell you now … and you can thank us later. Between 2018 and 2019, there was a 162 percent increase in buy now, pay later (BNPL) downloads – rising to roughly...
Among the more notable payment trends of 2019 and 2020 is the rapid rise of the buy now, pay later (BNPL) options that are available through a growing roster of merchants. The revival of “layaway” is most prevalent among cost-conscious millennials and Gen Y shoppers...
December 20, 2019
In the 1930s, in the era of the Great Depression, when consumers had little extra cash, retailers nationwide came up with an innovation to make it easier for people to shop without having to pony up cash right away. It was called layaway. Get the Full Story Complete the form to unlock this article and […]
November 23, 2018
Layaway — the system where a merchant holds an item aside for a consumer, usually for a small fee and a deposit, until the consumer finishes making installment payments on...
May 04, 2018
Sears Holdings has announced that it has expanded its leasing program so that customers can easily finance a variety of products, both in-store and online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, […]
