Fintech Finance
DECEMBER 11, 2024
BNPL spending next week is expected to rise beyond last year’s mid-December spike, as Gen Z heads into Christmas with higher debt levels compared to 2023. Buying on credit or using a BNPL service is most effective when making large purchases, and its not really intended to be used for smaller purchases like holiday gifts.
Fintech Finance
SEPTEMBER 17, 2024
Uzum , the leading fintech and e-commerce ecosystem in Uzbekistan, has partnered with Mastercard on an education project to improve financial literacy in Central Asia’s most populous country. The post Uzum Partners With Mastercard to Boost Financial Literacy in Uzbekistan appeared first on FF News | Fintech Finance.
Fintech News
DECEMBER 2, 2024
For example, buy now, pay later (BNPL) transactions surged 113% in 2023, reaching US$2.34 The National Financial Inclusion Strategy, launched by the SBV in 2020, aims to increase the proportion of adults with access to formal financial services to 80% by 2025, expand the usage of digital financial services and promote financial literacy.
Clearly Payments
FEBRUARY 3, 2024
One solution that has gained traction is Buy-Now-Pay-Later (BNPL). BNPL services allow consumers to make purchases and defer payment, often breaking it down into smaller, more manageable installments. How BNPL Works for Merchants BNPL services enable consumers to make purchases without paying the full amount upfront.
The Fintech Times
SEPTEMBER 18, 2024
Uzum , the fintech and e-commerce ecosystem in Uzbekistan, is joining forces with payments giant Mastercard to launch a new education project to improve financial literacy across the country. We believe these courses will be an important step toward improving financial literacy and building trust in digital payments.”
Tearsheet
DECEMBER 4, 2024
The past five years have witnessed significant shifts: Covid-19, the rapid rise of Buy Now, Pay Later (BNPL) services, and a social media boom that has made the YOLO mindset more relatable for the younger generation. I think that BNPL pounces on the YOLO mentality for younger consumers,” says Britton.
The Fintech Times
APRIL 20, 2024
Another buy now pay later (BNPL) firm has decided to call it a day as Laybuy has put itself up for sale. There have been various reports about the struggles of BNPL firms as regulations tighten, so we reached out to the industry to uncover what is needed for firms to survive. Laybuy is not the first BNPL whose value has taken a dive.
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