article thumbnail

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.

BNPL 69
article thumbnail

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.

BNPL 92
article thumbnail

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

BNPL 105
article thumbnail

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.

article thumbnail

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%

APACS 100
article thumbnail

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.

BNPL 75
article thumbnail

Aevi and Paydock join forces to revolutionise omni-channel payment orchestration

The Payments Association

By enabling online payment methods like Open Banking, PayPal, and BNPL in face-to-face environments, the platform delivers a genuinely unified payments experience. Learn more about Paydock’s payment orchestration platform at: [link]

ISVS 88