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Infographic: Credit card killer? The rise of BNPL
The hype train for buy now, pay later (BNPL) continues to pick up steam as consumers seek shopping alternatives during the pandemic – could this emerging payment option be a... more
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Buy now, pay later schemes to account for 10% of e-commerce
Despite growing calls for regulation and some demographics turning their back on credit, Buy now, pay later (BNPL) schemes were the fastest-growing online payment method in the UK last year,... more
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UK financial watchdog pushes for further regulation of ‘buy now, pay later’ credit
The UK’s Financial Conduct Authority has said that “buy now, pay later” credit deals offered by online retailers pose a “significant potential for consumer harm” and require regulation “as a... more
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60% of millennials using point of sale credit finance services when shopping
New analysis has found a growing appetite for point of sale credit finance – otherwise known as ‘buy now, pay later’ – among younger UK consumers, with over 60% (67%)... more
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