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BNPL, buy now pay later, credit cards, Daily news, Issuing & Acquiring -

Credit cards are becoming less profitable for banks even as lower-cost alternatives such as buy-now-pay-later schemes and digital wallets with a credit function are emerging. If credit cards are to... read more

The post PCM Feature: The future of credit cards for the digital era appeared first on Payments Cards & Mobile.

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BNPL, Contracts, Daily news, E-Commerce, Paidy, PayPal -

PayPal has agreed to acquire Paidy, a leading two-sided payments platform and provider of buy now, pay later (BNPL) solutions in Japan, for ¥300 billion or approximately $2.7 billion, principally... read more

The post PayPal doubles down on red hot BNPL market with Paidly acquisition appeared first on Payments Cards & Mobile.

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BNPL, Daily news, E-Commerce, Klarna -

Klarna’s losses increased significantly in Q2 as the BNPL company continued the pace of growth ahead of a possible IPO. Recently valued at $46 billion in an investment round led... read more

The post Klarna off rails? Losses increase as does regulatory scrutiny appeared first on Payments Cards & Mobile.

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BNPL, buy now pay later, Daily news, E-Commerce, M-Commerce, Mobile Wallet -

The retail e-commerce market is estimated to grow by 53% globally by 2024, with the Buy Now Pay Later (BNPL) sector expected to see the second-largest increase in market share,... read more

The post BNPL and mobile set to push global e-commerce value to $6 trillion appeared first on Payments Cards & Mobile.

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