Microsoft Faces Backlash Over BNPL Pay Function
Microsoft faced criticisms Wednesday (Dec. 1) for its proposal to add in buy now, pay later (BNPL) functions to its Edge web browser, over assertions that the payment plan could lead to more users in debt. The BNPL model usually involves paying for a service...
How Merchants Can Embrace Cryptocurrency
Much has been said — and written — about the consumers’ readiness and desire to use cryptocurrencies in everyday commerce. Debbie Guerra, ACI Worldwide’s executive vice president, merchant solutions, told PYMNTS that overcoming merchants’ reluctance requires a...
Afterpay: BNPL Purchases up 34% From Last Year
Buy now, pay later (BNPL) provider Afterpay has released insights on consumer shopping that include a massive boost in Afterpay use, according to a Tuesday (Nov. 30) press release. BNPL spending in the U.S. has increased 230% in the past year, with a 34%...
Price Critical in Return to Abandoned Cart
Most consumers, or 86% of online shoppers, have abandoned a shopping cart at least once before completing a purchase, whether because they got distracted, wanted to shop for better deals or decided against the purchase altogether. But of this group, 67% have...
Bolt Acquires Tipser to Drive Remote Checkout
Shopper network startup Bolt closed a deal to acquire embedded commerce platform Tipser for undisclosed terms. The acquisition, Bolt’s first, will drive both firms’ shared goal of facilitating immediate checkout at the point of discovery. “Tipser and Bolt share...
BNPL Expected to See Biggest Holiday Yet in UK
Fueled in large part by the skyrocketing growth of buy now, pay later (BNPL) giant Klarna, the United Kingdom is expected to see its largest holiday shopping season to date as more than 17 million U.K. customers have used BNPL to make a purchase online,...
Klarna: bijna kwart meer online verkopen tijdens Black Friday
Consumenten hebben dit jaar 23 procent meer uitgegeven tijdens Black Friday bij webshops dan vorig jaar. Dat blijkt althans uit cijfers van Klarna. De Zweedse fintech – die samenwerkt met 38.000 Nederlandse webshops - analyseerde de transacties tijdens het...
How Product Drops Keep D2C Brands Profitable
For decades, fashion followed a wholesale model, with brands serving as the creative houses and the retailers holding most of the power in the customer relationship, marketing and selling products and collecting data on consumer preferences. As customer loyalty...
‘Verkopen Black Friday in Nederland 23 procent hoger’
Nieuws - 29 november 2021 - 06:04 Hoewel de fysieke winkels niet werden platgelopen en er ook minder aanbod was, lagen volgens betaalverwerker Klarna de Nederlandse online verkopen op Black Friday (afgelopen vrijdag) 23 procent hoger dan een jaar geleden. Dit...