US holiday spending on buy now, pay later to hit record due to debt-laden shoppersU.S. shoppers are projected to spend a record $18.5 billion using buy now, pay later services for holiday purchases in the last quarter of ...
25 Sep, 2024, 05.53 PM IST
Apple to discontinue 'buy now, pay later' service in US as it plans new loan programmeUsers will be able to access installment loans offered through credit, debit cards and lenders when checking out with Apple Pay, starting l...
18 Jun, 2024, 08.25 AM IST
Britain sets out legislation to regulate buy-now-pay-later creditBNPL companies are largely unregulated and typically offer on-the-spot interest-free short-term loans that spread payments for retail goods...
14 Feb, 2023, 01.31 PM IST
US consumer watchdog plans to regulate 'buy-now, pay-later' companiesThe watchdog, which does not currently oversee BNPL companies or products, will issue guidance or a rule to align sector standards with tho...
15 Sep, 2022, 04.06 PM IST
UK cost-of-living crisis prompts warning to 'buy now, pay later' lendersCompanies like Klarna led the way in offering on-the-spot, interest-free, short-term loans to customers which spread repayments for buying ...
19 Aug, 2022, 01.07 PM IST
Buy Now Pay Later business model faces test as rates riseBuy Now Pay Later (BNPL) firms have created one of the fastest-growing segments in consumer finance, with transaction volumes hitting $120 ...
10 Jun, 2022, 08.56 PM IST
Buy Now Pay Later business model faces test as rates riseBuy Now Pay Later (BNPL) firms have created one of the fastest-growing segments in consumer finance, with transaction volumes hitting $120 ...
10 Jun, 2022, 05.02 PM IST
Banks now going the BNPL way to expand credit baseSeveral large-sized banks are approaching new-age 'buy-now pay-later' or BNPL fintech firms to expand their credit base. This change in sta...
14 Jan, 2022, 07.00 AM IST
How Merchant BNPL is making lives easier for small business ownersSmall business owners are ditching paper and managing sourcing, logistics, and finances digitally, which is making things more efficient. T...
08 Jan, 2022, 11.01 PM IST
Amazon vs Flipkart vs Paytm vs Freecharge vs Lazypay: Check penalty charges for Buy Now, Pay Later schemesAlthough these BNPL schemes do not have processing fees, they do charge a penalty amount for defaults or missing repayments.
10 Dec, 2021, 11.12 AM IST
Watch out for these costs in Buy Now, Pay Later schemesBNPL schemes do look attractive, however, one needs to do some number crunching to arrive at the 'real cost' of such BNPL offers - in most ...
29 Nov, 2021, 05.13 PM IST
Agritech start-up Arya.ag introduces buy now pay later facilityIn the $370 billion markets of non-perishable agriculture, this is a one-of-a-kind service. Trade financing already happens in the agribusi...
11 Nov, 2021, 05.39 PM IST
Buy Now, Pay Later or credit card: Which is better for you?While credit cards typically come with an interest-free credit period of up to 45 days, under BNPL the interest-free credit period is for m...
11 Nov, 2021, 05.14 PM IST
Using Buy Now, Pay Later scheme for your purchase? This is what will happen if you default on paymentMost of these borrowers are either young consumers or people who do not have any formal credit line like credit cards or EMI cards for maki...
10 Nov, 2021, 03.00 PM IST
5 things to know about buy now, pay later schemesThe ability to defer payment without any interest and dice it into smaller pieces sounds very appealing, making the BNPL payment scheme the...
25 Oct, 2021, 06.30 AM IST
Buy now, pay later or party now, worry later: Decoding the latest finance fadDeveloped to cater to the underserved and unserved section of the population and the new generation that’s geared towards instant gratifica...
11 Oct, 2021, 12.01 PM IST
SOLV launches 'Buy Now, Pay Later' for MSME sectorBNPL is helping SOLV further reinforce trust on the platform as it meets the needs of both parties – sellers who want to be paid upfront an...
20 Jan, 2021, 11.34 AM IST