buy now pay later
The Next Pedestal of the Payments War for Banks and FIs: Buy Now Pay Later
The Next Pedestal of the Payments War for Banks and FIs: Buy Now Pay Later
Buy Now Pay Later (BNPL) has seen remarkable growth in recent years and is on track to achieve a global market value of US$700b by 2023. This 90% compound annual growth rate (CAGR) reflects the growing penetration of this simple transactional instrument—consumers purchasing a product now with the agreement to pay for it later.
Weekly Global News Wrap: Americans miss BNPL payments; Wells Fargo fined $250m
And Mastercard bets on crypto with acquisition of CipherTrace.
BNPL continues to gain traction with Square’s $29b acquisition of Afterpay
Afterpay accounts for 7.7% of Australia’s e-commerce market.
'Buy now, pay later' speaks to convenience as more Filipinos remain unbanked
Bypassing credit cards, the payment instalment options prove to be attractive.
Fave launches BNPL service in Singapore, Malaysia
FavePay Later offers interest-free flexible payments on the Fave app.
Thought Leadership Centre
Most Read
1. DBS and OCBC face weaker Q1 profits despite wealth gains 2. HSBC unveils biggest wealth centre in Singapore 3. DBS and OCBC seen lifting buffers as credit costs rise 4. Hang Seng and HSBC launch Hong Kong’s first tokenised unlisted gold ETF class 5. SWIFT payment framework targets clearer fees and faster tracingResource Center
Read Here
Advertise
Sign Up
Events
Event News
ING maintains a clear position that its AI strategy is grounded in responsibility and sustainability.
Commentary
Buy now, worry later: The hidden cost of BNPL
Why most banks are struggling with AI, and what the smart ones are doing differently
Data, AI, and trust: The next era of financial crime prevention
From behavioural change to scalable inclusion: Cross-border payments in APAC