“Buy now, pay later operator Zip is introducing a mobile-based virtual card, enabling UK shoppers to tap and pay for their purchases at the checkout. Following an initial launch in Australia and New Zealand, Tap and Pay with Zip is being rolled out nationwide across the UK in time for the festive shopping season, starting first in Homebase, The Fragrance Shop, Jollyes – The Pet People, and Hype clothing.”

“Afterpay (ASX:APT), the leader in “Buy Now, Pay Later” payments, today announced its subscription solution – giving U.S. consumers the ability to pay for their favorite recurring purchases in installments.  Merchants including IPSY, BoxyCharm, Savage X Fenty and Fabletics will be amongst the first to offer Afterpay’s subscription payments, which will be available to customers early next year.”

“Klarna , a leading global retail bank, payments and shopping service, today announced the addition of ‘Pay Now’ to its range of payment services in the US. This will enable consumers to pay immediately and in full at any online retailer where Klarna is available, with the same seamless payment experience whether they choose to pay now or later. Additionally, the company will also very soon introduce the Klarna Card to the US market, bringing Klarna’s popular interest-free Pay in 4 service to a physical card format.”

“Klarna , the leading global retail bank, payments and shopping service, today announced it is expanding its solutions for US consumers and retailers by offering flexible payments for subscriptions, one of the fastest growing and largest sectors of the Services economy.  The first-of-its-kind offering in the US provides consumers with a more convenient, transparent and affordable way to pay and manage quarterly and annual subscriptions, memberships, and more, by allowing them to spread their purchases into 4 interest-free payments and track everything in the Klarna app.”

“The expansion of Afterpay and other buy-now-pay-later products into pubs and restaurants could lead to bigger debts for people already struggling financially, consumer advocates warn. Concerns were raised last week after news that pub giant Australian Venue Co had partnered with buy-now-pay-later (BNPL) monolith Afterpay to roll out the facility in the 160-plus venues it operates nationally.”

“Klarna Bank , the Swedish payments company, has officially launched in the fledgling ‘buy now, pay later’ (BNPL) market in the Republic, aiming to take advantage of the surge in online shopping that has been turbocharged by the Covid-19 pandemic. It comes four years after the fintech first signalled its interest in establishing a presence in the Republic, now its 18th market.”

“Hundreds of customers have filed complaints with agencies that report to the Consumer Financial Protection Bureau detailing frustrations with continued charges for returned items and surprise fees after using BNPL loans to make purchases. At the Better Business Bureau, hundreds of shoppers have complained they continued to be charged for purchases they returned or were hit with unexpected fees.”

“Zip Co. Ltd. launched the Zip Card, a physical card to complement its virtual card in the highly competitive buy now, pay later arena. The new card, to be issued by WebBank, a Salt Lake City-based industrial bank that works with brands like Dell Financial Services, CAN Capital, Klarna, Fingerhut, Shopify, and Toast, is not a credit card, Zip says.”

“larna, the leading global payments provider and shopping platform has today revealed its new all in one shopping app across Klarna markets. As the app economy grows, today consumers face an increasingly cluttered and confusing landscape of e-commerce apps – this is frustrating and time-wasting for the consumer. Klarna solves this by launching the only app consumers need.”

“A recent Aite-Novarica Group report projects the buy now, pay later (BNPL) market will grow to more than US$1.2 trillion by 2024. ACI and Affirm’s partnership allows merchants to take advantage of this growth with an integrated offering that provides consumers the option to split the total cost of purchases into biweekly or monthly payments with as low as 0% APR.”

“The partnership will integrate Blackhawk’s branded payments network to more than 5 million Zip app users, allowing them to purchase gift cards within the Zip platform. Additionally, Zip’s Pay in 4 product will be available as a payment method to purchase gift cards at GiftCards.com, GiftCardMall.com, and through Blackhawk’s first-party platform which currently services over 500 leading merchants, extending the ability for consumers to Buy Now, Pay Later across these gift card marketplaces. This partnership means that consumers can now access Zip’s flexible payment options in a convenient gift card format, giving them even more options to pay in their preferred way.”

“Affirm (NASDAQ: AFRM), the payment network that empowers consumers, today announced that through its partnership with American Airlines, eligible travelers have added flexibility to purchase flights and pay over time with Affirm. Affirm is bringing this added flexibility to American Airlines customers just in time for holiday travel season. According to the latest Affirm Consumer Spend Report, more than half of consumers would rather take a getaway than have a traditional family get-together this holiday season.”

“Stripe Inc. will allow retailers to add Klarna Bank AB ’s buy-now-pay-later service as a purchasing tool for customers, a deal that pairs up two of the world’s most valuable financial technology startups. The business partnership comes at a time when rivals are striking deals worth billions in a bid to win a share of the increasingly competitive flexible repayment industry.”

“Amount , a leading technology provider for financial institutions, and global modern card issuing platform Marqeta (NASDAQ: MQ ) announced today the first virtual card and loan origination partnership to help banks rapidly enter the buy now, pay later (BNPL) space. The partnership alleviates the digital tools gap that prevents many banks from entering the BNPL space, allowing them to go to market in months with a BNPL offering and virtual card that drives revenue, captures market share and increases loyalty online and in-stores.”

“American Express is aggressively pursuing younger consumers, but unlike many of its rivals , it is not making point-of-sale installment lending and cryptocurrency a focal point of this effort. “Buy now/pay later is not really a competitive threat to us,” Steve Squeri, Amex’s chairman and CEO, said during Friday’s earnings call. “It’s targeted at debit card issuers. As a customer acquisition vehicle it’s not the game we’re playing.”

“Alliance Data Systems Corporation (NYSE: ADS ), a leading global provider of data-driven marketing, loyalty and payment solutions and Sezzle Inc. (ASX: SZL), a top-rated, purpose-driven buy now, pay later (BNPL) solution, today announced that Alliance Data’s Bread business will offer its pay-over-time installment loan product through Sezzle’s merchant network. Through the integrated partnership, Sezzle will leverage Bread’s deep underwriting and installment loan product to reach more customers buying big-ticket items, while offering a comprehensive product suite to its merchant partners.”

“Sweden’s Klarna Bank AB said Thursday that it has signed a strategic partnership with Israeli cloud-based website development platform Wix.com Ltd. The buy-now-pay-later payments specialist said that with the deal Wix eCommerce merchants across 17 countries can accept payments from their customers with Klarna. Wix merchants will be able to offer Klarna’s Pay in 4 and Pay in 3 solutions that enable shoppers to split their purchases into interest-free payments over time, while retailers get paid upfront and in full.”

“Klarna, the leading global retail bank, payments and shopping service, today announces a package of changes to expand and strengthen its UK offering to give consumers more choice, clarity and control over how they pay. ‘Pay Now’ ensures UK consumers can always pay immediately and in full, wherever Klarna is available, with the same payment experience whether they choose to pay now or later.”

“Buy now, pay later (BNPL) giant Klarna partnered with Germany-based Billie, which offers BNPL services for business payments, according to a press release. The integration will let Klarna’s merchants with business customers offer Billie’s services. It will roll out in Germany in Q1 2022, with plans to follow for other European markets.”

“Splitit (ASX:SPT), the company empowering consumers to use their existing credit to spread payments over time, can now offer its installment payments options to Discover Global Network Cardholders worldwide. The addition of Discover, Diners Club International and network alliance cards to the installment payment platform brings another major global card scheme to its growing portfolio of payment partners.”

“FreedomPay , a leading consumer-centric commerce platform, today announced an integration with Klarna , the leading global retail bank, payments and shopping service. Starting today, FreedomPay’s US merchants can offer Klarna’s flexible, interest-free payment solutions at checkout in-store, maximizing sales and bringing added ease and convenience to shoppers across America ahead of the most anticipated shopping season yet.”

“isa (NYSE: V), the world’s leader in digital payments, today announced the expansion of Visa Installments in Australia in partnership with ANZ, one of the country’s largest financial institutions, and merchant payment provider Quest. The Visa solution lets Australian shoppers access popular “Buy Now, Pay Later” (BNPL) financing via their existing ANZ credit cards, during checkout and without any extra steps.”

“Target is the latest retailer to jump on the “buy now, pay later” bandwagon. Ahead of the busy holiday season, Target is offering shoppers additional ways to pay for their purchases with new installment plans from Affirm and Sezzle, the retailer told USA TODAY exclusively Wednesday. Installment plans, which are beginning to replace traditional layaway plans, are increasingly popular with retailers. Amazon and Walmart have adopted them, as have Macy’s and Bed Bath & Beyond. Newer entrants include Paypal, which bought Paidy, and Square, which bought Afterpay.”

“LawPay , the leading online payment solution for legal professionals, has announced the launch of a new payment option, ClientCredit. ClientCredit is exclusively available through LawPay and allows individual clients to pay for legal services over time, while firms receive 100% of their invoiced amount upfront.”