Tagged: installments

April 24, 2021 @ 9:17 pm By Omar Faridi  |  

Saudi Arabia-based Tamara, a Buy Now, Pay Later (BNPL) service provider, recently confirmed that it finalized a $110 million Series A funding round led by Checkout.com. The funds raised will be used by Tamara to scale its professional team, expand into new markets in the… Read More

April 19, 2021 @ 8:00 am By Omar Faridi  |  

The Buy Now, Pay Later or BNPL industry continues to receive substantial investments with UK-based BNPL Zilch securing $80 million in capital at a $500 million valuation. Zilch launched its services in beta mode back in 2019. The company was planning to distinguish itself from… Read More

April 18, 2021 @ 5:27 pm By Omar Faridi  |  

BNPL Fintech Affirm (NASDAQ:AFRM) notes that last year’s holiday shopping season set many digital commerce records, including in its “volume of purchases” made through Buy Now, Pay Later (BNPL) services. Affirm cites Salesforce data which reveals that BNPL transactions surged 109% when compared to the… Read More

April 8, 2021 @ 7:38 am By Omar Faridi  |  

UK’s Buy Now, Pay Later (BNPL) Fintech firm Zilch is introducing a “tap and pay-over-time” solution that allows consumers to carry out in-store payments with a wave of their online or digital wallet, with the cost of their purchase spread over a manageable 6-week time… Read More

February 14, 2021 @ 5:28 pm By Omar Faridi  |  

India-based consumer lending firm MoneyTap has reportedly decided to expand its business operations to include Buy Now, Pay Later (BNPL) services. MoneyTap said its new BNPL solutions will aim to provide more accessible, affordable, and 0% (equated monthly installments) EMI options to Indian consumers. MoneyTap… Read More

November 28, 2020 @ 3:42 pm By Omar Faridi  |  

A new survey from Capco has revealed that consumers must receive proper information and educational materials so that they can responsibly use Buy Now, Pay Later (BNPL) platforms and services. According to the study, BNPL services must also be regulated properly. Capco’s research found that… Read More

September 2, 2020 @ 3:41 pm By Samantha Hurst  |  

  Sezzle, Inc. (ASX: SZL), a U.S.-based installment payments platform, announced on Wednesday the launch of its virtual card for shoppers, which will reportedly enable Sezzle customers to pay using interest-free installments both in-store and online. Sezzle revealed the Sezzle Virtual Card will allow brick… Read More

July 23, 2020 @ 11:32 pm By Omar Faridi  |  

Affirm,  a point of sale credit provider that is currently working with over 2000 merchants, has teamed up with digital commerce marketplace, Shopify, to offer “Buy Now, Pay Later” installment options for merchants. Approved “Shop Pay” customers will have the option of splitting their total… Read More

July 15, 2020 @ 9:50 pm By Omar Faridi  |  

Payments giant Visa (NYSE: V) is reportedly set to enter the emerging installment payments sector. Visa’s management said the firm is currently working with several partners on various initiatives in the US. Installment payments, where consumers at the point-of-sale are able to pay off their… Read More