There's a nuance to the greater buy now, pay later (BNPL) landscape that retailers are only just now beginning to grasp. White-label embedded installment options, which allow shoppers to use their own bank-issued credit card to pay over a set period of time with interest-free installments, can be transformative for businesses looking to get an…
Colin Mellon
Consumers love paying with installment plans. A recent report confirms that 60 percent of shoppers over the past year chose to pay for their purchases with interest-free installments, and most of those shoppers (45 percent) chose to do so with their own general-purpose credit cards. Even though the consumer is clearly voting with their wallets…
With the 2023 holiday season upon us, the predictions for how the season will shape up are a bit of a mixed bag. Adobe predicts online shopping will increase by almost 5 percent between Nov. 1 and Dec. 31. Yet other indicators have signaled a decline in consumer confidence. The reality of the new economy…