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Scalapay Partners with Trustfull to Strengthen BNPL Fraud Prevention Across Europe

Fintech Finance

Trustfull , a leader in Identity Intelligence for fraud prevention, is proud to announce a strategic partnership with Scalapay , a premier European buy-now-pay-later (BNPL) provider. In 2023, the European BNPL market was valued at approximately $147.6 billion and is projected to reach $272.5 billion by 2029 ( Source ).

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Global Technology Powerhouse, Lenovo, Bets Big on BNPL with Klarna

Fintech Finance

By offering interest-free BNPL, Lenovo is offering its customers one of the most innovative and fastest-growing payment methods today. Worldwide BNPL spending grew by 18 percent in 2023, according to a report by Worldpay. These guardrails clearly work as 99% of lending is repaid and 40% of orders are repaid early.

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Afterpay’s BNPL Now Available on Google Pay, Offering Shoppers Even More Choice and Flexibility

Fintech Finance

Afterpay , a leading Buy Now, Pay Later (BNPL), announced today its flexible payment functionality will be available for consumers checking out online through Google Pay at select merchants. The post Afterpay’s BNPL Now Available on Google Pay, Offering Shoppers Even More Choice and Flexibility appeared first on FF News | Fintech Finance.

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Gen Z Will Reach Record-High Usage of Buy Now, Pay Later (BNPL) Services This December, According to New Report

Fintech Finance

BNPL spending next week is expected to rise beyond last year’s mid-December spike, as Gen Z heads into Christmas with higher debt levels compared to 2023. Buying on credit or using a BNPL service is most effective when making large purchases, and its not really intended to be used for smaller purchases like holiday gifts.

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Buy Noel, Pay Later: Use Peaking but 12 Million Brits Still Set to Use BNPL This Christmas

Fintech Finance

With the festive shopping season upon us, new research 1 from credit reference agency Equifax UK reveals the number of Brits using Buy Now, Pay Later (BNPL) could have peaked, but average spend continues to grow and will be key for many this Christmas. What could future regulation mean for consumers?

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Klarna becomes exclusive Walmart BNPL provider

Bank Automation

The BNPL company will become the exclusive installment payment provider to Walmarts fintech arm, OnePay, according to a Klarna release today. This is a […] The post Klarna becomes exclusive Walmart BNPL provider appeared first on Bank Automation News.

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BNPL players' losses grow as costs soar

Payments Dive

As a result, their expenses are rising at a much faster rate than their revenue, meaning most of the major players are posting losses despite the BNPL mania.

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