Buy Now Pay Later
This coverage analyses the role and impact of Buy Now Pay Later (BNPL) services within UK retail, addressing their influence on sales, customer behaviour, and operational strategy. Reporting includes developments in regulation, partnerships between retailers and BNPL providers, adoption trends, and consumer credit risks — offering insights for executives, managers, and decision-makers navigating payment innovation and financial strategy in retail.
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Jul- 2025 -18 JulyOnline & Digital
BNPL borrowers set to receive new protections under FCA proposals
Buy now pay later (BNPL) customers would benefit from similar protections to other types of lending under new proposals from the Financial Conduct Authority (FCA). The draft rules would require lenders to assess affordability and offer support if borrowers fall into financial difficulty. BNPL users would also be able to…
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Oct- 2023 -25 OctoberEconomy
One in three adults used BNPL services last year, Clearpay finds
Some 30% of British adults have used a Buy Now Pay Later (BNPL) service to make at least one payment over the last year as of August 2023, according to research by Clearpay. According to findings, BNPL was most popular among Millenials and Gen X, at 41% and 36% respectively. …
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Jul- 2023 -13 JulyOnline & Digital
MusicMagpie sees EBITDA rise 7.7% in H1
MusicMagpie has reported adjusted EBITDA of £2.8m, up 7.7% in H1 2023 compared with £2.6m in H1 2022, according to its interim results for the six months ended 31 May 2023. It also stated that following a challenging start to H1, with postal strikes and low consumer confidence impacting December…
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Feb- 2023 -8 FebruaryHigh Street
Wilko launches click-and-collect in UK stores
Wilko has launched a click-and-collect service that will be available in all of its UK stores. The introduction of this service comes as the company wants to find new ways to make it easier for customers to shop for the items they need. According to Wilko, the new service will…
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Jan- 2023 -24 JanuaryFeatures
Are BNPL schemes here to stay?
Buy Now Pay Later (BNPL) schemes, which are a form of short-term financing that allows customers to purchase things and pay at a later date, often interest-free, have seen a boom in popularity in recent years. It is now considered the fastest-growing payment method around, with the whole BNPL industry…
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Jan- 2022 -25 JanuaryComment
The key e-commerce trends of the year
The pandemic has undoubtedly continued to accelerate UK e-commerce purchases in 2021. A 20.5% year-over-year growth in eCommerce sales is projected for this year alone. With the worldwide marketplace available at their fingertips, customers have grown accustomed to the convenience of online international shopping. Therefore to increase authorisation rates and…
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Sep- 2021 -3 SeptemberOnline & Digital
One in 10 BNPL consumers chased by debt collectors
One in 10 Buy Now Pay Later (BNPL) consumers have been chased by debt collectors, with the number rising to one in eight amongst young people, according to new research from Citizens Advice. While “millions” of shoppers in the UK use BNPL to split or delay payments, Citizens Advice has…
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Jun- 2021 -15 JuneOnline & Digital
BNPL spending to reach $1trn by 2026
Global spending through buy-now-pay-later schemes is set to reach $995bn (£705bn) by 2026, up from $266bn (£188bn) in 2021, according to a new study from Juniper Research. The 274% growth will reportedly be fuelled by a “greater appetite” from users for credit to spread costs when purchasing, especially as the…
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Apr- 2021 -26 AprilOnline & Digital
25% of young people can’t pay bills due to Buy Now Pay Later repayments
Around a quarter of young people in the UK who are making Buy Now Pay Later (BNPL) repayments haven’t been able to pay for food, rent or bills as a result, according to Citizens Advice. New research from the charity revealed that 45% of 18 to 34 year olds in…
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