Heavy engagement with the Sezzle platform and a surge in buy now, pay later (BNPL) demand during the holiday shopping season drove the company’s revenues and other metrics ahead of expectations, in results released after market close on Tuesday (Feb. 25). The fourth quarter saw...
Australia-based buy now, pay later (BNPL) provider Zip said Tuesday (Feb. 25) that demand from consumers and merchants drove its growth in the most recent half. The company’s growth was especially strong in the United States, where it aims to serve consumers who are unable...
Earlier this year, PYMNTS Intelligence detailed that pay-later options were drawing widespread use among consumers versus payments via traditional credit cards. The data showed that coming into the end of 2024, 56% of consumers used installment payment options in the last year. Within the various...
A strong holiday shopping season, coupled with the continued momentum of buy now, pay later (BNPL) options and zero interest rates, helped push Affirm Holding’s gross merchandise volumes higher. And as a result — particularly as consumers opted to pay for discretionary items, such as...
As U.S. consumers face cash flow shortages, many are turning to alternative payment methods like buy now, pay later (BNPL) to help them manage their financial strain. According to a PYMNTS Intelligence report, “Cash Flow Shortages Drive Consumers’ BNPL Usage,” financial situations influence payment choices,...
Synchrony is giving certain customers access to the Pay Later feature of Apple Pay. The offering lets customers pay according to the standard terms of their credit card or use a promotional offer that includes fixed monthly payments, Synchrony said in a Thursday (Jan. 16)...
Klarna will be offered as a default payment method to merchants using the WooPayments solution offered by eCommerce platform WooCommerce. Klarna is currently offered only as an alternative payment option that can be added at the request of a retailer, the companies said in a...
This year’s payment options are wider than last year’s. The PYMNTS Intelligence report “Maximizing Holiday Value: The Strategic Value of Early Pay Later Visibility,” created in collaboration with Splitit, found that consumers prefer merchants that offer the option to pay over time. They also favor...
EBay is making Klarna’s buy now, pay later (BNPL) payment options available to its shoppers in six more European countries. Following a successful launch in Germany, this offering is now also available to eBay shoppers in Austria, France, Italy, the Netherlands, Spain and the United...
