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PayPal and KKR announce €40 billion European BNPL deal
PayPal and KKR have announced the signing of an exclusive multi-year agreement under which KKR will purchase up to €40 billion of buy now, pay later (BNPL) loan receivables originated... read more
The post PayPal and KKR announce €40 billion European BNPL deal appeared first on Payments Cards & Mobile.
Paying with BNPL leads to 72% higher transaction value
Consumers spend on average 72% more per e-commerce transaction if they can pay with BNPL instalments, according to a recent study from Erasmus University Rotterdam (EUR). The study investigated a... read more
The post Paying with BNPL leads to 72% higher transaction value appeared first on Payments Cards & Mobile.
Apple Pay set sights on launching BNPL offering with Goldman Sachs
Apple is reported to be working on a service that will let consumers pay for any Apple Pay purchase in instalments in direct competition to other BNPL offerings (Buy Now,... read more
The post Apple Pay set sights on launching BNPL offering with Goldman Sachs appeared first on Payments Cards & Mobile.
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
The post Infographic: Credit card killer? The rise of BNPL appeared first on Payments Cards & Mobile.
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
The post Buy now, pay later schemes to account for 10% of e-commerce appeared first on Payments Cards & Mobile.
