As consumers look for ways to manage their spending, in-store shoppers are unlikely to have the option to pay using buy now, pay later (BNPL), even as the payment method catches on digitally. By the Numbers The PYMNTS Intelligence report “Divided, Not Conquered: Acquirer and Merchant Confusion...
Sabre Hospitality and Uplift have partnered to enable hotels to offer their guests a buy now, pay later (BNPL) option. With this collaboration, Uplift’s pay-monthly option will be integrated into Sabre’s SynXis platform, the companies said in a Monday (May 20) press release. “Our collaboration with Uplift underscores...
Celerant Technology now enables the users of its eCommerce platform to offer their customers buy now, pay later (BNPL) options when checking out in-store as well as online. The company has implemented additional integration functionalities with Sezzle to allow these options at the point of sale, in-store, Celerant said in a Wednesday (May 15) press...
Buy now, pay later (BNPL) firm Klarna and payments service provider Nets partnered to bring more payment options to merchant clients in Sweden, Norway and Denmark. Through the collaboration, eCommerce merchants can offer their customers BNPL and installment payments without having to perform multiple technical integrations, according to a Wednesday (May 15)...
Financial institutions (FIs) looking to get a piece of the action in the buy now, pay later (BNPL) space might be wise to investigate their timing. As FIs have struggled to unlock flexible payment options to their customers during the purchase journey, their more agile competitors...
In recent years, buy now, pay later (BNPL) platforms have gained popularity among consumers, offering a convenient way to finance purchases through installments. However, the lack of transparency surrounding these loans has raised concerns about the potential risks they pose to consumers and the wider economy,...
Split-payment or installment plans such as buy now, pay later (BNPL) enable consumers to shop more strategically, buying items one day and paying for them with a set schedule of payments over time to better manage their budgets. According to PYMNTS Intelligence’s “Divided, Not Conquered:...
For Walmart, buy now, pay later (BNPL) may offer the means by which the retail giant pushes even further into financial services and toward super app status. And the low-hanging fruit for BNPL may be found at checkout for groceries and healthcare. The move, we...
Klarna is seeing generative artificial intelligence improve its margins, as buy now, pay later (BNPL) firms turn to new digital capabilities to address their profitability challenges. ChatGPT parent company OpenAI shared Friday (April 5) that the payments network’s adoption of the technology is estimated to yield a $40 million...
