article thumbnail

Sezzle sues Shopify in BNPL battle

Payments Dive

Sean Gallup via Getty Images Dive Brief: Buy now, pay later company Sezzle sued Shopify Monday, alleging in a federal lawsuit that the Canadian e-commerce marketplace systematically damaged its business and violated antitrust laws when it favored Shopify’s own BNPL offering over that of Minneapolis-based Sezzle for the past four years.

BNPL 78
article thumbnail

Skipify and Mastercard to bring flexible payment options to shoppers with new installments product

The Payments Association

Mastercard has selected Skipify to expand its US instalments program , providing more payment flexibility directly at checkout. Eligible cardholders and Mastercard users can access instalment options for any eligible credit card, making purchases easier and more flexible than ever.

Visa 88
article thumbnail

Mastercard, TSYS partner in buy now, pay later deal to take on Afterpay, PayPal and Klarna

Payments Source

There is a war brewing in the buy now, pay later (BNPL) market, and Mastercard is working with TSYS to bring in a slew of new players — credit card firms.

Visa 146
article thumbnail

Mastercard, TSYS partner in buy now, pay later deal

Payments Source

There is a war brewing in the buy now, pay later (BNPL) market, and Mastercard is working with TSYS to bring in a slew of new players — credit card firms.

Visa 129
article thumbnail

2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

Buy Now, Pay Later (BNPL) Overview : BNPL allows consumers to purchase goods and pay in installments, typically interest-free, which has become popular among younger consumers. Market Growth : BNPL saw a 400% increase in usage globally since 2018 and is expected to grow 17% annually through 2028.

article thumbnail

Mastercard and ZOOD Partner to Launch the First Virtual Buy Now Pay Later Card in Uzbekistan

Fintech Finance

Building on the existing multimarket partnership to accelerate flexible payments adoption in the region, Mastercard and ZOOD , one of the leading digital lending platforms for e-commerce in the Middle East and Central Asia, has introduced a virtual BNPL card – ZOOD Card – in Uzbekistan.

Visa 98
article thumbnail

6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Fintech News

Founded in 2016, YouTrip is a mobile financial platform that offers a multi-currency mobile wallet and a contactless Mastercard to make payments in over 150 currencies with no fees. Currenxie also supports businesses by integrating popular payment methods like BNPL services, allowing companies to reach a broader audience.