As Ryan wrote last week in an article about an industry-wide push into online retail point-of-sale financing, Affirm is changing...
One of the biggest trends in the last 5 years has been the ease at which you can make a...
It was recently reported that JPMorgan Chase was entering the POS financing market; their entrance comes at a time when...
The latest fintech IPO is likely to be GreenSky which focuses on point of sale finance. Source
According to Visa 96 percent of U.S. payment volume took place on chip cards, with the large majority being chip and signature cards; starting next month major card brands will look to move customers to the chip and PIN cards that have been widely adopted across Europe; Merchants will be able to turn cell phones into terminals instead of buying expensive POS terminals with pin pads; wide adoption will take time as smaller retailers might not see the benefits as quickly and large retailers have invested a lot in the current technology. Source.
Sezzle is one of many lenders targeting the hot buy-now-pay-later segment; the company said today that California’s Department of Business...
Mastercard is launching a partnership with UK fintech Yoyo Wallet; Yoyo is a mobile wallet that can be used at...
Affirm announced they are partnering with merchants to make financing available in-store; Affirm InStore works similar to their online point of sale solution where customers can pay for purchases over time with fixed installments; the company also announced that consumers will be able to add a newly issued Affirm virtual card via Apple Pay. Source
GreenSky offers a unique type of point of sale financing and has just closed a $200 million round. Source