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Xero Merchants Can Offer BNPL Payment Option Following Klarna Partnership

The Fintech Times

Hidden fees and limited payment options have often been a large hurdle which has hindered the amount of credit payments being made to small businesses. Firms using the business platform, Xero can now add ‘buy now pay later’ (BNPL) to their offering as it partners with Klarna , the AI-powered global payments network.

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Global Holiday Season Spending Expected to Grow by 16% in 2024, BNPL Surges While Synthetic Identity Fraud Emerges as Top Threat

Fintech Finance

ACI’s annual Unwrapping Checkout Trends report provides merchants and acquirers with essential insights on payment trends, spending and fraud predictions, and actionable ways to maximize secure and authentic conversions. In H1 2024, global BNPL transactions skyrocketed by an astounding 237%, nearly tripling in volume.

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Gen Z is leading adoption of new payments. Here’s how BNPL is being affected.

Tearsheet

Thomas Priore – CEO, Priority This interview covers several key areas of interest in the payment landscape. Priore shares his observations on Gen Z’s adoption of newer payment methods like buy now, pay later (BNPL) for smaller purchases. BNPL is not your grandma’s layaway. Data shows nearly 32.8

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Paymob and Tamara Bring Payments Gateway Together With BNPL to Create Ecosystem for Merchants

The Fintech Times

Paymob , the financial services enabler in the Middle East, North Africa, and Pakistan (MENAP) has joined forces with Tamara , the shopping and payments platform in the GCC region. For businesses of any size, comprehensive payment offerings ensure increased sales and conversions.

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Forrester Report: The Future of APAC Payments

Fintech News

In Asia-Pacific (APAC), the payment landscape is rapidly evolving, driven by the integration of advanced technologies, growing use of alternative payment methods and the rise of digital currencies. BNPL, in particular, has surged, rising from accounting for 1.6% of e-commerce payments in 2022 to 4.4%

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Industry Voices That “BNPL Is Definitely Not a Dying Trend” as Hype Remains

The Fintech Times

When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Buy now pay later (BNPL) has certainly taken the paytech world by storm. This can only be done if the BNPL hype remains – but is it already over? Hype is not over.

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Ecommpay and IMRG Study Finds Multiple Checkout Challenges and Limitations Create Barriers and Restrict Conversions

Fintech Finance

Another issue is the lack of Google Pay or Apple Pay options, while some retailers said a lack of alternative payment methods was a challenge. The most common barrier, cited by almost half of respondents, was ‘limited functionality/capabilities’, closely followed by ‘performance challenges’.