Payments News

On The Web

nbsp;

Use

Splitit is financing purchases for debit cardholders

“Splitit, a competitor to lending companies like Affirm and Klarna, is bringing its point-of-sale financing product to debit card users in the U.S. and Europe, targeting fashion and jewelry websites in particular, like Vestiaire Collective and Philip Stein. Unlike its competitors, however, the company is focused on making the retail industry better for everyone involved — banks, processors, consumers […]
nbsp;

Use

Walmart teams with Affirm to offer point-of-sale loans

“The deal marks a watershed moment for the consumer finance industry, as the nation’s largest retailer embraces a financing option that is being popularized by consumers who prefer not to put their big-ticket purchases on a credit card. “Affirm is a great financing option for those customers who may prefer a fixed-term loan versus an open-ended […]
nbsp;

Use

Klarna And Shopify Partner To Increase Global Payment Options

“Klarna has become one of the first payment service providers to join the Shopify Plus Technology Partner Program. The integration will allow retailers in the U.S., the UK and Germany to implement the Klarna payment suite. The collection of payment methods will give shoppers more freedom and flexibility to choose when and how to pay for a purchase, and […]
nbsp;

On The Wires

nbsp;

Use

Affirm Expands Offering to Cover Smaller Purchases with Simple, Transparent Payments

“Affirm, Inc., the company founded by entrepreneur Max Levchin to provide fair and honest financial products, today announced Affirm will partner with brands and retailers to offer shoppers a simple, no-interest payment option on purchases of any size via three easy, monthly payments. Now, Affirm’s financial products are available for purchases of any size, marking […]
nbsp; nbsp;