Afterpay: BNPL Purchases up 34% From Last Year
Buy now, pay later (BNPL) provider Afterpay has released insights on consumer shopping that include a massive boost in Afterpay use, according to a Tuesday (Nov. 30) press release. BNPL spending in the U.S. has increased 230% in the past year, with a 34% increase this...
Price Critical in Return to Abandoned Cart
Most consumers, or 86% of online shoppers, have abandoned a shopping cart at least once before completing a purchase, whether because they got distracted, wanted to shop for better deals or decided against the purchase altogether. But of this group, 67% have returned...
Bolt Acquires Tipser to Drive Remote Checkout
Shopper network startup Bolt closed a deal to acquire embedded commerce platform Tipser for undisclosed terms. The acquisition, Bolt’s first, will drive both firms’ shared goal of facilitating immediate checkout at the point of discovery. “Tipser and Bolt share the...
BNPL Expected to See Biggest Holiday Yet in UK
Fueled in large part by the skyrocketing growth of buy now, pay later (BNPL) giant Klarna, the United Kingdom is expected to see its largest holiday shopping season to date as more than 17 million U.K. customers have used BNPL to make a purchase online, according to a...
