By Jeff Domansky With Black Friday imminent, we’ve got a rundown of predictions for the 2023 holiday shopping season kickoff from US retail analysts and research groups. Overall, projections are encouraging, with new record-level sales up from 2% to 4% over last year. National Retail ...
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Buy Now Pay Later
Buy Now Pay Later
By Jeff Domansky With Black Friday sales over and the holiday shopping season well underway, let’s take a look at how merchants and the payments industry fared. First, a sales overview from the retail industry’s National Retail Federation (NRF) and Adobe Analytics. Overall sales decreased ...
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By Jeff Domansky As cross-border business grows, alternate payment methods (APMs) are gaining popularity for their direct impact on the bottom line. New markets generate new revenue but also create new challenges, including offering local or regional consumers their choice of payment preferences. A report ...
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By Jeff Domansky If there was ever any doubt that buy now, pay later was mainstream worldwide, we can put that notion to bed once and for all. The BNPL news in the past several days alone saw Visa unroll BNPL for merchants in Canada, ...
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By Jeff Domansky, May 28, 2021 Another week, another serious security lapse in the financial world. Klarna shut down its popular buy now, pay later payments app, used by more than 90 million shoppers worldwide. All due to what Klarna CEO Sebastian Siemiatkowski embarrassingly called ...
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By Jeff Domansky, April 29, 2021 With the buy now pay later (BNPL) market exploding worldwide, competition for market share and consumer attention intensifies. As many as 39% of US consumers have tried BNPL, according to a February 2021 report by The Strawhecker Group, and ...
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By Jeff Domansky, April 13, 2021 It’s getting crowded in the buy now pay later (BNPL) marketplace, but hustle and innovation can differentiate a newer entrant over the more prominent players. New York-headquartered Splitit showed that competitive edge with its announcement of a new partnership ...
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By Jeff Domansky, March 1, 2021 The global $400 billion-plus buy now, pay later (BNPL) market is heating up incredibly fast, leading to some interesting new features and competitive positioning by market leaders. San Francisco-based Affirm announced plans to issue the first US debit card ...
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