Remove 2022 Remove BNPL Remove Financial Inclusion
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Network International Partners With Souhoola to Power Buy-Now-Pay-Later (BNPL) Acceptance on Its Networkpay Point-of-Sale Devices, Boosting Financial Inclusion in Egypt

Fintech Finance

Using Souhoola’s BNPL option on networkpay POS devices, customers can conveniently split their payments into highly flexible instalments of up to 60 months to purchase electronics, furniture, automobiles, and even pay school fees. billion in 2022 to 6.1 billion by 2028.

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Far Majority of Consumers Satisfied with BNPL and Three in Four Expect Such Loans Will Impact Their Credit Scores Positively

Fintech Finance

consumers have used Buy Now, Pay Later (BNPL) loans with 89% stating they are satisfied or very satisfied with the credit product. A new survey from TransUnion (NYSE: TRU) also revealed that 85% of BNPL users would recommend such loans to others. Millions of U.S. The research, conducted among 1,200 U.S.

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Network International and Souhoola Enable BNPL Payments at networkpay POS Terminals in Egypt

The Fintech Times

It has been able to achieve this following a partnership between Network International , the digital commerce enabler across the Middle East and Africa (MEA), and Souhoola , the fintech solutions provider, in turn enabling merchants to offer buy-now-pay-later (BNPL) payments at networkpay point of sale terminals.

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BNPL Market Expected to Grow Across the Philippines, as Trust Rises Amongst Local Consumers

The Fintech Times

UnaCash , an in-app and in-store financing solutions provider, expects the Philippines’ buy now, pay later (BNPL) market to contribute 6.7 The forecast comes after UnaCash compared the volume of the Philippines’ BNPL market from 2020 to 2023 to the growth rate of the Philippine digital economy during the same period.

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BNPL Impacting Credit Scores Would Result in Massive Uptake Reveals TransUnion

The Fintech Times

Buy now pay later’s (BNPL) impact on the payments world continues to grow as research from TransUnion , the global information and insights firm, reveals that 50 per cent of Americans have used BNPL loans at least once, and 40 per cent of those who haven’t, are likely or very likely to use them in the future.

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Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data

FICO

Home Blog FICO Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data 2022 marked the first year in over a decade the average FICO Score did not increase, while the industry’s attention remained on topics such as alternative data and BNPL. BNPL in Credit Reports: How Could This Data Impact FICO Scores?

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Key Trends Shaping Cross-Border Payments in APAC

Fintech News

Their growing popularity has spurred continuous financial innovation, such as the rise of buy now, pay later (BNPL). In 2023, BNPL arrangements represented 4% of e-commerce transaction value, a significant increase from the mere 1% in 2020. billion grams of carbon emissions.