home about categories posts news
discussions archive recommendations faq contacts

Surge in Buy-Now-Pay-Later Usage During Holiday Shopping Season

December 6, 2024 - 01:06

Surge in Buy-Now-Pay-Later Usage During Holiday Shopping Season

The holiday shopping season has seen a significant increase in the adoption of buy-now-pay-later (BNPL) services among American consumers. According to the CEO of Splitit, a prominent BNPL firm, their company experienced a remarkable 62% rise in order volumes during the week leading up to Cyber Monday. This surge highlights a growing trend as more shoppers opt for flexible payment options to manage their holiday expenditures.

As consumers face rising prices and economic uncertainty, the appeal of BNPL services has become more pronounced. Shoppers are increasingly seeking ways to spread out their payments while still enjoying the benefits of immediate purchases. This shift in consumer behavior is reshaping the retail landscape, with many retailers integrating BNPL options into their checkout processes to attract more customers.

The significant growth in order volumes for Splitit suggests that BNPL services are becoming a mainstream payment method, offering a convenient solution for those looking to balance their holiday spending without incurring credit card debt.


MORE NEWS

Microsoft Aims to Streamline Copilot AI Offerings

April 25, 2025 - 23:37

Microsoft Aims to Streamline Copilot AI Offerings

In a bid to enhance clarity in its product lineup, Microsoft is working to simplify the way it sells its Copilot AI offerings. The software giant currently offers a wide array of tools and services...

Intel's CEO Emphasizes Efficiency in Tech Culture

April 25, 2025 - 19:11

Intel's CEO Emphasizes Efficiency in Tech Culture

In a recent memo released on Thursday, Intel`s CEO highlighted a significant shift in the company`s operational philosophy, emphasizing a leaner, more efficient approach to leadership and...

McConnell Advocates for Congressional Input on Tariffs Amid Trade Concerns

April 25, 2025 - 09:02

McConnell Advocates for Congressional Input on Tariffs Amid Trade Concerns

U.S. Senator Mitch McConnell expressed the need for lawmakers to have a significant role in determining tariffs, emphasizing that this stance is not rooted in opposition to President Trump. During...

Business Investment Takes a Hit Amid Trade Policy Uncertainty

April 24, 2025 - 17:33

Business Investment Takes a Hit Amid Trade Policy Uncertainty

In March, American businesses exhibited a noticeable decline in new spending on equipment, particularly when excluding orders for new aircraft from Boeing. This trend highlights the growing concern...

read all news
home categories posts about news

Copyright © 2025 Finquix.com

Founded by: Rosa Gilbert

discussions archive recommendations faq contacts
terms of use privacy policy cookie policy