Galileo Financial Technologies has launched an expansion of its buy now, pay later (BNPL) offering. The company now lets banks and FinTechs offer cardholders new post-purchase installment payment options via their existing debit or credit cards, Galileo said in a news release provided to PYMNTS Tuesday...
Split-payment or installment plans such as buy now, pay later (BNPL) enable consumers to spread the costs of purchases over multiple installments. Consumers appear to prefer these options. PYMNTS Intelligence data revealed that in the 12 months before being surveyed, about 3 in 5 shoppers...
A couple of weeks ago, more than 123 million people tuned in to watch the Super Bowl. Analysts say that it was the most watched program ever — thanks, in part, to Taylor Swift. Armchair spectators came for the ads and the Super Bowl halftime...
Tabby, a shopping and financial services app active in Saudi Arabia, Kuwait and the United Arab Emirates (UAE), has launched a subscription service in the UAE that allows shoppers to pay in four installments anywhere using their Tabby Card. With a Tabby+ subscription, customers can...
PayTabs Egypt, a provider of digital payment solutions, partnered with Souhoola, an Egyptian buy now, pay later (BNPL) platform. Via the collaboration, PayTabs Egypt will add another BNPL option to its portfolio of payment solutions, the companies said in a Monday (Feb. 26) press release....
As consumers look to installment plans to help them afford the products they want under ongoing budgetary pressures, many are turning to buy now, pay later (BNPL) to acquire their go-to health and beauty products. By the Numbers For the study “Tracking the Digital Payments...
Back in June, PYMNTS Intelligence crystallized the fact that buy now, pay later (BNPL) payment options were gaining notice and demand from a wide swath of consumers across all tiers of household income and for a broad range of purchases, from small, everyday staples to...
Consumers are especially inclined to use deferred payment plans to pay for apparel and accessories, PYMNTS Intelligence research reveals, be it buy now, pay later (BNPL) or credit card installments. By the Numbers The PYMNTS Intelligence study “Tracking the Digital Payments Takeover: What BNPL Needs...
Many buy now, pay later (BNPL) users alter their purchasing when the payment method is not available, with PYMNTS Intelligence research revealing that millennials are disproportionately likely to trade down to cheaper items when not offered the option. By the Numbers The PYMNTS Intelligence report...
