Payments News

On The Web

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Global

Russian Fintech Tinkoff Launches Buy Now Pay Later Service

“Russian banking group Tinkoff announced on Wednesday the launch of its buy now pay later service, Dolyame.ru . According to Tinkoff, Dolyame.ru allows customers to split purchases into four equal parts. Much like other buy now pay later services, customers just need to cover 25% of the purchase’s price and the remaining three quarters are debited […]
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Deals

Affirm to Purchase Returnly in $300 Million Deal

“Affirm Holdings Inc. AFRM, 2.24% plans to acquire Returnly, the company announced Wednesday. The deal has a total cash and equity consideration of $300 million. Returnly makes it easier for merchants to process returns by offering instant store credit even before an item is returned to the merchant. Returnly’s offering enables consumers to use their store […]
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On The Wires

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Providers

Splitit Launches Splitit Plus, a New Payment Gateway Built Exclusively for Installment Payments

“Splitit, a global payment technology company (ASX:SPT), today announced the availability of Splitit Plus, a new service enabling merchants of all sizes to offer payment installments to their customers in minutes. Any merchant can now activate Splitit through the Splitit Plus gateway or any integrated gateway partner that Splitit supports worldwide. Splitit built Splitit Plus […]
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Companies

Splitit Partners With UnionPay, the World’s Largest Card Network of 9 Billion Cardholders

“Splitit, a global payment technology company (ASX:SPT), announces a new global partnership with UnionPay International, part of China UnionPay, the provider of bank card services and a major card scheme in mainland China. UnionPay International will be integrating Splitit to make it available to its network. This will give UnionPay card holders and those accepting […]