Tag "buy now pay later (BNPL)"

AlipayHK Launches BNPL Payment Option With Ant Bank PayLater
Payments

AlipayHK Launches BNPL Payment Option With Ant Bank PayLater

Ant Bank and AlipayHK have announced the launch of Ant Bank PayLater on AlipayHK’s e-wallet ahead of the Double 11 and Christmas shopping sprees. The buy now pay later (BNPL) service, which is currently in its trial period, allows approved

Read More
Overhaul Needed for BNPL as Losses Mount up to US$ 5.2 Billion in APAC
Lending Payments

Overhaul Needed for BNPL as Losses Mount up to US$ 5.2 Billion in APAC

Despite phenomenal growth, current buy now, pay later (BNPL) models are showing to be rather unprofitable. Quinlan and Associates, an independent strategy consulting firm, estimates that in Asia-Pacific (APAC), the largest BNPL firms, including Australia’s Afterpay and Japan’s Paidy, are

Read More