Displaying items by tag: BNPL

Millions of Australians are prioritising their buy now pay later (BNPL) payments before their monthly obligations, according to Australian comparison site Finder.

E-commerce fraud to merchants will exceed US$48 billion ($76.5 billion) in 2023, a jump from just over US$41 billion ($65 billion) in 2022. This growth will increase with the rise of alternative payment methods such as digital wallets and buy-now-pay-later that create new fraud risks, according to Juniper Research.

BNPL users will surpass 900 million globally by 2027, an increase from 360 million in 2022, driven by the anticipated economic downturn, which will increase the demand for low-cost credit solutions, according to Juniper Research.

Australian fintech BizPay has launched its Series C funding round.

Global payments provider Square is set to buy Australia’s buy now pay later platform Afterpay in a deal which values the company at $39 billion.

It's not Connect 4, but PayPal Pay in 4, with this buy now pay later deal coming six weeks after PayPal announced a new feature enabling instant transfers from PayPal balances to eligible bank accounts.