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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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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. Very few in this generation use physical cards. Data shows nearly 32.8

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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. We previously discussed if the technology would be able to surpass credit cards due to its popularity.

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Credit Card Processing Outage

Payment Savvy

Most businesses these days benefit from credit card payments, at least in some capacity. This means that whenever a card processing outage occurs, business owners have reasons to be worried. What Is a Credit Card Processing Outage? All payments done with a credit card must go through a payment processor.

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Deep Dive: Consumers Consider BNPL Solutions For Routine Retail Purchases

PYMNTS

Retailers and payment professionals may think this problem affects only luxury brands, but customers can and do abandon even inexpensive purchases if they no longer feel financially secure. This is prompting retailers outside the luxury space to explore buy now, pay later (BNPL) options. BNPL Offerings’ Popularity Among Millennials .

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Apple Takes a Step Back From Traditional Finances as It Announces Closure of Apple Pay Later

The Fintech Times

Not even a year after its launch, Apple has removed itself from the buy now pay later (BNPL) space, as it has announced that its Apple Pay Later product will no longer be supported. In March 2023, Apple announced a new product which would let US customers make payments in four chunks over a six-week period. ” Why get involved?

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Why Installment Payments Are Fashionable This Holiday Season

PYMNTS

However, they are also hesitant to pay for those new experiences with credit cards or other traditional financing options. Debt from the previous holiday shopping season has made these younger consumers credit-shy, but it has not limited their appetite for holiday spending. Around The Buy Now, Pay Later Worl d.

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