Monthly Archives: July 2020

As credit card transactions decline, will installment loans fill a niche or earnings ladder?

Credit card industry data points to a decline in credit card spending, making Visa’s recent launch of an installment buying platform impressive. As the credit card industry goes through the COVID-19 recession, Visa’s decision to integrate a Buy It Now and Pay Later (BNPL) platform creates a timely option for consumer credit . First, think […]

Ecommerce lender Afterpay to offer installment loans in stores

Point-of-sale lender Afterpay, which got its start in financing online purchases, now offers its installment loans to U.S. consumers shopping at traditional retailers. The arrival of an in-store option comes at a time when many traditional retailers are suffering from a drop in foot traffic due to the coronavirus pandemic. Afterpay says allowing in-store shoppers […]