Zilch, a London based start-up is hoping to redefine the burgeoning Buy Now, Pay Later (BNPL) market, with the launch of Tap and Pay-over-time, which will allow customers to pay over time anywhere in-store with a tap
Research by American Express reveals that one third of UK consumers (33%) feel confident trying new online payment methods. Additionally, one in five (20%) report that the pandemic has made them more open to trying new forms of payment online
Pent up demand, a need to manage finances, a move away from credit cards to debit and the rise of mobile payments are all seeing Buy now, pay later (BNPL) being used by as much as a fifth of the UK population.
Shoppers’ expectations are changing as retail shifts further online during the Covid-19 pandemic, research suggests. We round up the latest findings on how customers now want to buy – and what that means for retailers and brands