The Rise of Buy Now, Pay Later: Understanding the Risks and Benefits

The Rise of Buy Now, Pay Later: Understanding the Risks and Benefits

Buy Now, Pay Later is becoming increasingly popular. When it comes to deferred payments, consumers need a good sense of the day of reckoning. E-commerce is booming – even if sales in Germany have fallen by around three percent from 86.7 billion euros in 2021 to 84.5 billion euros in 2022. A record value of … Read more

Paxos Expands Stablecoin Projects Beyond PayPal’s PYUSD, Targets Big Tech Partnerships

Paxos Expands Stablecoin Projects Beyond PayPal’s PYUSD, Targets Big Tech Partnerships

Infrastructure company Paxos is working on other stablecoin projects like PayPal’s PYUSD. About it live CoinDesk TV said Walter Hessert, head of strategy at the firm. On August 7, the payments giant launched a “stablecoin” issued by Paxos. Hessert did not directly answer the question of whether the company has contacted Elon Musk and the … Read more

Visa Collaborates with PayPal and Venmo for Digital Payment Interoperability

Visa Collaborates with PayPal and Venmo for Digital Payment Interoperability

SAN FRANCISCO (IT-Times) – The credit card company Visa enters into cooperation agreements for interoperability in digital person-to-person payment transactions. Visa Inc. (NYSE: V, ISIN: US92826C8394) on April 11 announced a partnership with PayPal and Venmo to test the new Visa+ service.In…Read the full article…

In the United States, Apple introduces an “buy first, pay later” payment option.

In the United States, Apple introduces an “buy first, pay later” payment option.

USA / 28.03.2023 12:08:43 Apple launched the new service buy now pay after in USAa move that is likely to change the fintech sector dominated by firms like Affirm Holdings and the Swedish payment company Klarna. The service, called Apple Pay Later, It will allow users to divide purchases into four payments spread over six … Read more

An e-shop is set to launch in the Czech Republic by Kaufland in mid-April, providing a variety of products from several vendors.

An e-shop is set to launch in the Czech Republic by Kaufland in mid-April, providing a variety of products from several vendors.

The online environment in the Czech Republic will grow again. The German shopping chain Kaufland will launch a so-called online marketplace here on April 12. The company made the announcement in a press release on Tuesday. However, the platform will not offer food, just as, for example, Lidl will sell items from the housing, electronics, … Read more

Consumer protection for online loans should be better

Consumer protection for online loans should be better

However, Malte GallĂ©e is not completely satisfied. The MEP is angry that member states have refused to harmonize penalties for breaches of the consumer credit directive. According to the Bavarian, the Greens had demanded fines amounting to at least four percent of the creditor’s turnover. “The compromise simply states that member states must ensure that … Read more