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The company has been beefing up its BNPL capabilities ever since its exclusivity period with Affirm ended earlier this year

Amazon鈥檚 BNPL partners鈥�Affirm and Citi鈥攍ikely benefited from growing consumer demand for the tool

The debit card gave Affirm a boost in active users and strong numbers, but to continue this pace of growth, Affirm may need to get creative

The tech giant discontinued its buy now, pay later (BNPL) service in June and instead partnered with Klarna and Affirm. This was a major turnaround from its grand aspirations to build a suite of in-house financial services dubbed 鈥淏reakout鈥� in 2022. As Apple鈥檚 first independent lending venture, Pay Later was expected to be a key part of this suite鈥攂ut it didn鈥檛 even last a year.

Klarna will generate $33.38 billion in US buy now, pay later (BNPL) payment value by 2027, pulling ahead of Affirm in a period of massive growth for BNPL providers, per our forecast.

BNPL fintechs like Affirm and Klarna have also been rolling out plans with differing lengths: In June, Affirm added Pay in 2 and Pay in 30, for example. How to handle periodic statements. Providers must mail or deliver a periodic statement for every billing cycle in which the consumer has a debt or credit balance of more than $1.

Consumers鈥攅specially Gen Z鈥攁re eager to spend on live events: Summer concert ticket sales are at record levels thanks to high-profile stadium tours and the strong appeal of live experiences.

The newly rebranded 鈥淐ash App Afterpay鈥� will help Block more tightly integrate its products into one ecosystem

Gen Z is feeling squeezed: High living costs are driving Gen Zers to spend nearly twice as much as they save, which is leading them to prioritize essentials.

Economic uncertainty could derail its efforts to reinvigorate growth

The Latin American consumer banking market is vast, yet over 40% of consumers are currently underbanked. Foreign banks looking to enter the market can tap this audience, but they should learn from and partner with local fintechs to do so.

Even so, issuers may be slow to lift preemptive APR increases as they brace for economic turbulence

It could also be a big opportunity for other device-agnostic payments apps that don鈥檛 offer contactless payments鈥攍ike BNPL firms Klarna and Affirm. That could help them finally break into in-store retail. Our take: On its own, Vipps isn鈥檛 going to take down Apple Pay鈥檚 preeminence.

Conference panelists discussed changes in the maturing industry as it ripples across the payments space

These moves can help the company grow ahead of its IPO expected this year

This should help boost volume for both the booking platform and for the card-linked installment offering, given BNPL鈥檚 popularity in the travel category and an overall spike in popularity for card-linked BNPL

Affirm. Federal Reserve Bank of Atlanta. Klarna. Mastercard. Payments Dive. PayPal. Stripe. TikTok. Visa. Worldpay.

Bain's survey affirms our updated retail health forecasts, which estimate that fewer US adults will visit a retail clinic each year through 2026. Health plan-owned primary care companies will capture a greater share of the market than all other nontraditional players. These entities are projected to make up around 20% of the overall primary care market in 2030, up from the 15% Bain predicted in 2022.

Google Pay already has tie-ups with Affirm and Zip. Expanded virtual cards. Google Pay will now let Discover cardholders in the US set up and pay with a virtual card from their Chrome or Android device. This feature was already available to American Express, Capital One, and Citi cardholders. Added fraud protections.

Google is expanding Google Pay's payment options by adding Afterpay to its existing buy now, pay later partners Affirm and Zip, with Klarna coming soon. Our take: Google is one of several notable companies turning to retail and ecommerce to boost engagement and deepen consumer connections.