Payments News

On The Web

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Providers

Klarna Launches Browser Extension With Payments and Coupons

“Fintech startup Klarna is launching a desktop browser extension that provides many of the features that you can find in the company’s mobile app — but on your computer. In addition to the ability to manage your Klarna payments, the extension automatically applies coupon codes when you’re on a checkout page. Klarna has acquired Piggy […]
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Providers

UK’s Buy Now, Pay Later Fintech Butter Introduces BNPL Card

“UK-headquartered Buy Now, Pay Later (BNPL) Fintech Butter is planning to compete with and potentially replace traditional credit cards with the introduction of its own BNPL card. Although 65% of UK consumers carry credit cards, the number being issued has declined by around 3% during the past year, meanwhile, the value of consumer purchased products on credit […]
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Providers

Buy Now Pay Later Customers Unaware of Pitfalls, Warn Barclays

“New research has revealed the pitfalls of unregulated Buy Now Pay Later (BNPL) agreements for Christmas shoppers in Britain, with two in five users in unclear of what it is they are signing up to. The data, commissioned by Barclays, found that 36% of BNPL customers do not fully understand the consequences of missing repayments, […]
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Providers

American Express Taps Opy for Its First US Third-party BNPL Offering

“Credit card companies are seeking to push further into the “buy now, pay later” (BNPL) market. American Express (Amex) announced today that it plans to partner with Opy, the U.S. subsidiary of Australian fintech Openpay, to allow all of its U.S. cardmembers to pay in installments for qualifying purchases in the healthcare and automotive segments. […]
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Providers

Microsoft Edge Buy Now Pay Later Scheme Met With Criticism

“Microsoft is under fire from angry users after announcing plans for a built-in “buy now pay later” function in its Edge web browser. Such schemes let buyers divide payments into smaller chunks over time – but have been criticised for their risk of users getting into debt. Microsoft has added one provider to the checkout […]

On The Wires

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Providers

Citizens Extends Point-of-Sale Financing Offer to Microsoft Store

“Citizens will provide broad point-of-sale financing for Microsoft Store as part of a newly expanded relationship with the global technology leader. Customers now have access to no-interest financing across all Microsoft hardware, accessories and subscription services purchased through microsoft.com in the U.S. through the bank’s innovative Citizens Pay platform, offering an alternative way to finance […]
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