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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

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Walmart Pay Launches In 16 States, DC

PYMNTS

The retail giant’s payment method is finally here. Shortly after the Walmart Pay news was announced, Walmart SVP of Services Daniel Eckert told Karen Webster that the payment method was built to leverage a habit that its customers already know how to do really well: shop online at Walmart.com.

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Apple Pay And A Decade Of Innovation Top Payments News This Week

PYMNTS

At the time of iPhone’s live debut in October of 2014, merchants accounting for only 19 percent of all retail sales could enable an Apple Pay transaction, only 39 percent of all iPhones could support an Apple Pay wallet and just 11 percent of all consumers owned one. Cards in the field, so to speak, were up 4 percent year on year to 3.4

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. So, providing retailers with a new storefront in an ecosystem of 1.5 Online to offline coming to Walmart near you, and we mean that sincerely.

Lending 101
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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

Second-quarter net income was impacted by a $481 million one-time expense resulting from a key Supreme Court decision related to online sales, South Dakota v. The San Francisco-based bank had a total of 5,751 retail branches by the end of the second quarter, citing 114 branch consolidations during the first half.

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NetCredit Personal Loans Review: Designed for Borrowers With Bad Credit

MyBankTracker

NetCredit is an online personal lender that positions itself as an option in between traditional personal loans and expensive, predatory payday lenders. For example, NetCredit does not charge an origination fee on loans to residents of Oregon but does charge one to residents of South Dakota. The Loan Can Help Build Good Credit.