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In a strong indication as to how the credit market is changing, Affirm has announced that it is planning to launch a debit based payment card allowing users to pay... more
The post How the credit market is changing – a BNPL debit card launches appeared first on Payments Cards & Mobile.
Global payments preferences for consumers vary considerably around the world, reflecting an infinite diversity of historical, technical, cultural, economic and regulatory factors. Alternative payment methods like digital wallets and bank... more
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
The post Buy now, pay later schemes to account for 10% of e-commerce appeared first on Payments Cards & Mobile.
New research points to changing payment habits among online shoppers. A European study of 10,000 consumers and 1,000 merchants found that seven out of ten (71%) UK shoppers now prefer... more
The post Pandemic prompts UK shoppers to turn their backs on credit and BNPL appeared first on Payments Cards & Mobile.
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
The post UK financial watchdog pushes for further regulation of ‘buy now, pay later’ credit appeared first on Payments Cards & Mobile.