Debit cards reign supreme amid proliferation of POS payment options
Consumers use an average of four different payment methods with credit cards, digital wallets, #BNPL and merchant apps vying for a larger slice of retail transaction volume
#banking #finserv #fintech #paytech #payments #bnpl
Around 17% of the UK's population have used deferred #credit and/or #BuyNowPayLater facilities in the last 12 months.
We know that #BNPL firms are targeting the venerable (including those on #NHS waiting lists), and there is a growing issue of the penalty payments & aggressive recovery strategies used by providers.
But having committed to 'act swiftly' in Feb 2021, #JeremyHunt & the #Treasury still have yet to propose any regulatory action(s) or try to get them into law.
Why might that be?
#credit #buynowpaylater #bnpl #nhs #jeremyhunt #treasury
As #Inflation and #EconomicCollapse grip #America, many people are turning to #BNPL services to make ends meet
https://www.naturalnews.com/2023-07-17-more-americans-relying-buy-now-pay-later.html
#inflation #Economiccollapse #America #bnpl
As #Inflation and #EconomicCollapse grip #America, many people are turning to #BNPL services to make ends meet
https://www.naturalnews.com/2023-07-17-more-americans-relying-buy-now-pay-later.html
#inflation #Economiccollapse #America #bnpl
How Buy-Now-Pay-Later is Changing the E-Commerce Landscape - The e-commerce landscape is constantly evolving. With more ways to access the worl... - https://readwrite.com/how-buy-now-pay-later-is-changing-the-e-commerce-landscape/ #marketing #ecommerce #business #bnpl
#bnpl #business #ecommerce #marketing
Applied to #ApplePayLater today.
I have to say, this UI was fairly confusing up front.
In the first screenshot, I'm told I have to "request an amount to spend". Ok, sure, but I'm not buying anything right now…
Second screenshot, I have to INPUT A NUMBER.
Am I about to be charged some amount of money? Why is this question being asked?
Sweden’s Klarna burned through $100 million a month to become a buy-now-pay-later giant in the U.S. Can #ChatGPT help it turn a profit again?
#FinTech #FinServ #Banking #BNPL
https://fortune.com/2023/04/27/klarna-buy-now-pay-later-apple-paypal-chatgpt/
#bnpl #banking #finserv #fintech #chatgpt
Apple dipping its toes into the credit #risk waters of #BNPL:
"Apple Starts to Roll Out ‘Pay Later’ Service After Delay" (Bloomberg)
https://www.bloomberg.com/news/articles/2023-03-28/apple-starts-to-roll-out-pay-later-service-after-long-delay
Key point:
>> [Apple] will also be handling its own credit checks and running the other underlying technologies needed to power the service [...].
Interesting. They've long been in the business of selling pricey devices… It's quite possible they have a good handle on how to gauge a person's creditworthiness.
On today’s show (releases at 4pm PT):
🔶 #Canva's new features: Is #Adobe in Trouble?
🔶 #Shopify’s new retail search and discovery for big brands
🔶 #Snapchat offers its AI tech to enterprise customers
🔶 #Instagram: Full-length #Reels replays within #Stories coming
🔶 Fake #Chrome extension steals #Facebook cookies
🔶 #BNPL trend extends to groceries amid #inflation troubles
🔶 #YouTube enhances #podcast analytics
🔶 #WhatsApp for Windows updated
🔶 Tweets are vanishing
https://todayindigital.com/
#whatsapp #podcast #youtube #inflation #bnpl #facebook #chrome #stories #reels #instagram #snapchat #shopify #adobe #canva
Unregulated buy now pay later tech feeling the pinch as regulators circle: Klarna’s annual loss widens to $1bn https://www.ft.com/content/a3af3bbf-18a7-480c-ac42-f242c8c4eb57 #klarna #bnpl #fintech #fintechnews
#klarna #bnpl #fintech #fintechnews
Gerade habe ich zum ersten Mal in meinem Leben etwas bei Otto.de bestellt, da der gewünschte Artikel sonst nirgends verfügbar ist.
Im Bestellprozess bin ich dann aber schon erschrocken. An welche Kunden richtet man sich dort?
Bei einem Artikel für sage und schreibe 14,95 Euro wurde mir die Zahlung in 12 Monatsraten à 1,35 Euro angeboten.
Will man hier gezielt die Leute, die bei allen ihren Konten jenseits jeglicher Limits sind, noch weiter in die Schuldenfalle treiben?
» 金管會對國內先買後付 ( #BNPL ) 業務之建議 https://t.co/xScnSCQoqu // 應有完善消費者保護措施:包括個資保護、客訴爭議處理、客戶財務風險警示及債務協處機制、訂約公平誠信、資訊充分揭露,及行銷廣告招攬應確保無虛偽不實或誤導消費者之情形。
#TWgov
My latest ✍️ "Love is in the air"
But do we know what we are looking for?
#valentinesday #fintech #bnpl #ai #generativeAI
An excellent article where bright people share predictions for Tech Trends that will shape 2023
https://techround.co.uk/guides/expert-predictions-for-tech-trends-that-will-shape-2023-part-1/
#expert #predictions #UK #TechTrends #AI #ChatGPT #realtime #dataled #customerexperience #personalisation #subscriptionstyle #payforwhatyouuse #approach
#BuyNowPayLater #BNPL #domainnamesystem #DNS #labourmarket #IoT #AML #GenZs #SaaS #SaaSmarket #TikTok #MVP #NoCode #Web3 #returntotheoffice #CarbonFootprint #VR #AR #ARsmartglasses
#expert #predictions #uk #techtrends #AI #chatgpt #realtime #dataled #customerexperience #personalisation #subscriptionstyle #payforwhatyouuse #approach #buynowpaylater #bnpl #domainnamesystem #dns #labourmarket #iot #aml #genzs #saas #saasmarket #tiktok #mvp #NoCode #web3 #returntotheoffice #carbonfootprint #vr #ar #arsmartglasses
As new regulations come into force across a number of fintech sectors, we look at the areas most likely to be affected by changes over the next 12 months
#FinTech #FinServ #Banking #Regulation #CryptoCurrency #DeFi #BNPL
#mst #bnpl #defi #cryptocurrency #regulation #banking #finserv #fintech
RT @nowucme_sven@twitter.com
Zum heutigen International Day of Education gehört auch die finanzielle Aufklärung. Für Jugendliche sind Buy-now-pay-later-Angebote sehr verführerisch und enden schnell in einer Abwärtsspirale, die oft mit psychischen Problemen verbunden ist 👉 http://bitly.ws/zf4K
🐦🔗: https://twitter.com/nowucme_sven/status/1617835810610610177