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Alternative Payments (APMs), BNPL, Daily news, E-Commerce, embedded finance, embedded finance market, M-Commerce, Mobile payments, Open Banking, Real-Time Payments -

UK-headquartered brands hold higher revenue expectations of embedded finance than their European counterparts, according to a new report. Over the next five years, UK brands expect to generate £230.48 billion... read more

The post UK will claim majority of £619 billion European embedded finance market appeared first on Payments Cards & Mobile.

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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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