Buy-now, pay-later services like Klarna and Afterpay seemed to be having a moment with Gen Z, but attitudes might be changing ...

Katherine Adkins, Chief Legal Officer, Affirm noted that consumer spending is the engine that drives the American economy.

BNPL, also known as point-of-sale loans, is kind of like a modern-day layaway option: Consumers can buy items online or in-store, and then split up the cost of a purchase over a few weeks or a few ...

BNPL has its roots in the 19th century, originating from instalment plans that allowed consumers to purchase expensive items ...

Researchers from Imperial College Business School and University of Leeds published a Journal of Marketing study that ...

Citigroup is making progress with installment lending, an option that banks have been slow to embrace while fintechs have grown the market. Citi Pay Installment Loans was launched in late 2023 as part ...

However, just like credit cards or cash, a retailer must approve the return and issue a refund before your BNPL provider can process it. For example, Affirm's site says that a refund depends on ...

For example, AfterPay reported that it delivered a 7.7x return on investment for their partnering SMBs in 2021. Another advantage of BNPL is the convenience it offers consumers. These services ...

American Fintech Council CEO Phil Goldfeder discussed the reasons consumers have started using buy now, pay later services in ...

Why BNPL Could Skyrocket This Holiday Season: What You Need to Know Your email has been sent The Rise of BNPL in Holiday Spending Impact of Buy Now Pay Later Holidays on the Retail Industry ...

“We’re seeing it across the retail landscape,” he said. From Nov. 1 to Dec. 31, usage of buy-now-pay-later services, or BNPL, jumped nearly 10 percent over last year, amounting to $18.2 ...

ADL further highlights Germany as a key example of the scalability of B2B BNPL. In 2022, B2B online sales in Germany reached $467bn, accounting for 6.4 per cent of the country’s total B2B commerce.