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Major payment players like PayPal and Visa that invested in them are likely celebrating this regulatory movement

The tie-up can help attract younger travelers and aids in Venmo’s monetization journey

The rule, which regulates payment apps like banks, is already on shaky ground given the CFPB is about to be overhauled under Trump

While cards make up much of the UK’s contactless payments segment, mobile wallets have made headway: The number of UK proximity mobile payment users grew 10.7% YoY in 2022, accounting for a little over 23% of the UK’s population, per Insider Intelligence forecasts. Mobile wallets could capture more contactless payment volume going forward as players like Apple Pay and Google Pay expand their features.

The enforcement action provides closure that could help boost the P2P app’s customer satisfaction in the long run

The tie-up brings Klarna to more merchants' checkout pages without the need for individual merchant partnerships, helping it save time and money and more quickly ramp up its payments volume

This tie-up defies previous concerns about the viability of funding the BNPL industry

QSRs may need to evolve to better serve online orders: Pizza Hut and McDonald’s are both testing new store formats focused on digital and drive-thru customers.

How can brands and retailers succeed in the new era of mobile-first ecommerce?

But the social media platform may struggle to get its users on board unless it can differentiate the P2P service from its peers

While BNPL losses remain low, consumers may be overextending themselves, making it harder for consumers to pay off their growing credit card balances

The license was approved just days after the country’s regulated market opened, making Paysafe a first mover

The tie-up will bring the BNPL provider to a bevy of merchants’ checkout pages—whether they like it or not

The deal highlights providers’ efforts to keep up with the growing demand for EWA

While the lawsuit may not go anywhere under Trump’s CFPB, the P2P platform’s continual fraud concerns may damage its reputation

Influencer marketing is becoming a need-to-have for payment brands’ marketing teams. While not without risks, it’s key to building awareness and creating relationships with young consumers.

US P2P apps need to tap new uses and services to stay competitive, especially amid Zelle’s dominance. Here’s how each app sizes up and differentiates to attract younger generations.

We may have been a little too early with some of our predictions—rollouts for Paze and FedNow took longer than we expected

The buy button has been on a growth tear since Shopify opened it up to enterprise customers outside of its ecosystem

But the payment method’s volume grew slower than overall retail sales, suggesting providers need to do more to amp up growth