Draft:Buy now, pay later

Zip Discusses Buy Now, Pay Later vs. Credit Cards

Retrieved on: 
Tuesday, July 27, 2021
Payment systems, Draft:Buy now, pay later, Debt, Credit card, Credit

Unlike credit cards, Buy now pay later (BNPL) plans are often interest free.

Key Points: 
  • Unlike credit cards, Buy now pay later (BNPL) plans are often interest free.
  • As BNPL giant Zip explains, both services give shoppers a way to pay for what they want, then pay off purchases over time, but there are key differences between the two.
  • According to Zip, a significant difference is that most credit cards charge interest when there is an unpaid balance, whereas BNPL services, like Zip Pay, offer interest free transactions.
  • Depending on the type of credit card, users can be charged high annual fees and ongoing interest rates, whereas many buy now pay later (BNPL) accounts, like Zip Pay, only charge minimal monthly account fees if there is an outstanding balance.

Zip and Quadpay Unveil New Unified Brand to Strengthen Position in the Global BNPL Ecosystem

Retrieved on: 
Thursday, July 22, 2021
Technology, Finance, Other Retail, Banking, Professional services, Software, Internet, Retail, Online Retail, Zip Co Limited, Brand, Business, Marketing, Articles, Draft:Atome, Draft:Buy now, pay later

A year ago, global payment technology pioneer Zip Co Limited ( ASX: Z1P ) acquired the award-winning U.S. buy now, pay later (BNPL) platform, Quadpay.

Key Points: 
  • A year ago, global payment technology pioneer Zip Co Limited ( ASX: Z1P ) acquired the award-winning U.S. buy now, pay later (BNPL) platform, Quadpay.
  • View the full release here: https://www.businesswire.com/news/home/20210721005998/en/
    Under one global identity, Zip is investing deeply to escalate its brand awareness across 12 markets and five continents.
  • We believe Zip can become the most fair and responsible global payments brand in the world, on the side of merchants and consumers, said Zip Co-founder and Global CEO Larry Diamond.
  • Zip will continue its investment in building a unified global brand and driving increased business outcomes for merchants and value for customers across the Zip ecosystem.

Malaysia Buy Now Pay Later Markets and Investment Report 2021: BNPL Payments are Expected to Grow by 72.3%, to Reach $468.2 Million - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 21, 2021
Banking, Professional services, Finance, Demographics, Market segmentation, Marketplace, Draft:Buy now, pay later

According to the Q4 2020 BNPL Survey, BNPL payment in the country is expected to grow by 72.3% on annual basis to reach US$ 468.2 million in 2021.

Key Points: 
  • According to the Q4 2020 BNPL Survey, BNPL payment in the country is expected to grow by 72.3% on annual basis to reach US$ 468.2 million in 2021.
  • The report focuses on data-centric analysis of Buy Now Pay Later market dynamics to help companies understand business and investment opportunities along with risks.
  • It details market opportunities across 40 market segments in Buy Now Pay Later for the period 2019-2028 and identifies opportunities in Malaysia.
  • Malaysia Buy Now Pay Later Spend Analysis by Channel: Market Size and Forecast
    Malaysia Buy Now Pay Later in Retail Shopping: Market Size and Forecast
    Malaysia Buy Now Pay Later in Home Improvement: Market Size and Forecast
    Malaysia Buy Now Pay Later in Leisure & Entertainment: Market Size and Forecast
    Malaysia Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast
    Malaysia Buy Now Pay Later in Education: Market Size and Forecast
    Malaysia Buy Now Pay Later in Automotive: Market Size and Forecast
    In-depth Understanding of Buy Now Pay Later Market Dynamics: Understand market opportunities and key trends along with forecast (2019-2028).

Novae Financing: The First Black Owned FinTech Company to Offer Buy Now Pay Later Services to Small Businesses Nationwide

Retrieved on: 
Wednesday, July 21, 2021
Draft:Buy now, pay later, Draft:Atome

CONYERS, Ga., July 21, 2021 /PRNewswire/ --As of this year, Novae LLC has become the first Black-owned fintech company to offer Buy Now, Pay Later services to online and offline merchants under the brand Novae Financing.

Key Points: 
  • CONYERS, Ga., July 21, 2021 /PRNewswire/ --As of this year, Novae LLC has become the first Black-owned fintech company to offer Buy Now, Pay Later services to online and offline merchants under the brand Novae Financing.
  • The volume of sales made using Buy Now, Pay Later technologyalso known as BNPLhas been growing exponentially in recent years.
  • BNPL allows customers to make purchases and pay them off over time with little to no money up-front.
  • Here, finally, is a Buy Now, Pay Later option we can all feel good about.

Africa & Middle East Buy Now Pay Markets 2021-2028: Focus on Egypt, Israel, Kenya, Nigeria, Saudi Arabia, South Africa & UAE

Retrieved on: 
Monday, July 19, 2021
Demographics, Market segmentation, Marketplace, Draft:Buy now, pay later

PayJustNow, a South African based BNPL provider, is focusing on growing merchants' partnership list to offer customers a cost-effective and flexible shopping experience .

Key Points: 
  • PayJustNow, a South African based BNPL provider, is focusing on growing merchants' partnership list to offer customers a cost-effective and flexible shopping experience .
  • The impact on income level and subsequent aversion to debt in South Africa could further increase demand for BNPL service.
  • These reports offer data-centric analysis of Buy Now Pay Later market dynamics to help companies understand business and investment opportunities along with risks.
  • Each regional/country report details market opportunities across 40 market segments in Buy Now Pay Later for the period 2019-2028 and identifies opportunities.

Europe Buy Now Pay Later Market and Investment Opportunities Report 2021 - ResearchAndMarkets.com

Retrieved on: 
Monday, July 19, 2021
Retail, Other Retail, Jack Ma, Alibaba Group, Alipay, Convenience store, Online shopping, Marketing, Articles, Economy, Draft:Buy now, pay later

The "Europe Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook - 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Europe Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook - 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics" report has been added to ResearchAndMarkets.com's offering.
  • BNPL, consumer credit, or after pay enable consumers to pay money only after they meet their expectations.
  • For instance, in May 2019, Alipay, Adyen, and Klarna, partnered to enable shoppers at AliExpress to leverage Klarna's pay later solution.
  • Buy Now Pay Later Spend Analysis by Channel: Market Size and Forecast
    Buy Now Pay Later in Retail Shopping: Market Size and Forecast
    Buy Now Pay Later in Home Improvement: Market Size and Forecast
    Buy Now Pay Later in Leisure & Entertainment: Market Size and Forecast
    Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast
    Buy Now Pay Later in Education: Market Size and Forecast
    Buy Now Pay Later in Automotive: Market Size and Forecast
    This offering is a bundled offering, combining one regional and 15 country reports:
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210719005443/en/

International Buy Now, Pay Later Report: More than Half of US & Southeast Asian Consumers Jumped into BNPL During Pandemic

Retrieved on: 
Tuesday, July 13, 2021
Draft:Buy now, pay later, Draft:Atome

The company also surveyed 1500 American consumers to provide an international lens and added insights around the meteoric rise of BNPL globally.

Key Points: 
  • The company also surveyed 1500 American consumers to provide an international lens and added insights around the meteoric rise of BNPL globally.
  • Rising usage and first time users: BNPL users have also increased during the pandemic; 55% of them used BNPL for the first time during the pandemic.
  • Convenience, security, speed: BNPL has the potential to become the preferred payment option due to its convenience, security, and speed.
  • Kredivo users can buy now and pay later with one of the lowest interest rates amongst digital credit providers in the country.

'Buy Now, Pay Later' The Go-To Payment Method for Aussies

Retrieved on: 
Sunday, July 11, 2021
Mobile payments, Payment systems, Cashless society, Service industries, Online payments, Apple Pay, Google Pay, Contactless payment, Up, Draft:Atome, Draft:Buy now, pay later

Over the past few years, Buy now pay later (BNPL) providers, like Zip , have well and truly captured the attention of Aussie consumers and the market continues to grow.

Key Points: 
  • Over the past few years, Buy now pay later (BNPL) providers, like Zip , have well and truly captured the attention of Aussie consumers and the market continues to grow.
  • Zip explains that BNPL allows customers to make large purchases without having to pay the entire amount upfront, which can help with cash flow.
  • Zip Pay customers can add their Zip card to Apple Pay or Google Pay to pay for anything, as long as the store accepts contactless payments.
  • Customers can choose from flexible weekly, fortnightly or monthly repayments, which are automatically direct debited from the payment method that was added in the initial sign up.

BNPL Payment Provider Zip Co Launches New Partnership with Microsoft

Retrieved on: 
Friday, July 9, 2021
Articles, Business, Economy, Payment systems, Entrepreneurship, Small business, Online shopping, Credit card, Draft:Atome, Draft:Buy now, pay later

Australia represents one of the largest global markets for BNPL services, with over 35 per cent of consumers utilising interest free instalment payment plans.

Key Points: 
  • Australia represents one of the largest global markets for BNPL services, with over 35 per cent of consumers utilising interest free instalment payment plans.
  • Customers will be able to sign up through the Zip App for single use digital credit cards to use on Microsoft products.
  • Microsoft has plans to extend the BNPL offering from customers to retailers and small businesses later in the year, as well as launching BNPL in other markets.
  • In addition to offering flexible BNPL payment options for customers, Zip has a business extension with solutions to help businesses grow.

Socure Unveils Industry’s First BNPL-Specific Solution, Extending Its Leadership in Identity Verification and Trust for Alternative Payment Providers

Retrieved on: 
Thursday, July 8, 2021
Technology, Mobile, Wireless, Finance, Security, Banking, Professional services, Software, Internet, Data management, Payment systems, Computer access control, Identity management, Internet privacy, Federated identity, Credit card, Identity verification service, Digital identity, Alternative payments, Computer security, Draft:Atome, Draft:Buy now, pay later

Socure , the leading platform for digital identity verification and trust, today announced the introduction of the first identity verification and fraud solution purpose-built for the Buy Now, Pay Later (BNPL) industry.

Key Points: 
  • Socure , the leading platform for digital identity verification and trust, today announced the introduction of the first identity verification and fraud solution purpose-built for the Buy Now, Pay Later (BNPL) industry.
  • The solution leverages the technology and data currently used by more than 100 top BNPL providers, alternative payment providers, fintechs, banks, and credit card issuers.
  • Socure developed the solution using deep identity and transaction data that enables multiple leading BNPL providers to attract new merchants, power their growth by converting more qualified shoppers in real time, and reduce loss rates.
  • Socure is the leading platform for digital identity verification and trust.