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Buy Now, Pay Later: The Gen Z Alternative to Credit Cards

Retail TouchPoints

In the midst of rising inflation rates, many Americans are wondering how to cut their costs — and younger generations such as Gen Z may have found a solution in the short term with “buy now, pay later” or BNPL plans. This generation has taken to this payment option faster than any other, but looking at their history it is easy to see why.

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Retail appointments of the week

Inside Retail

Maggie Beer Holdings’ CEO and MD Chantale Millard says she plans to resign by the end of the year. Brandbank owns and operates retail brands Seed Heritage, Kikki K, French Connection, Commonry, Fine Day and All Kinds. Third is Mark Westfall, who is chief services officer at the business and has been with Coca-Cola since 2009.

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Merchants call on Fed to cut debit card swipe fees

Mass Relators

WASHINGTON – The Merchants Payments Coalition on Tuesday called for the Federal Reserve to revise debit card swipe fee rules to reflect lower bank costs. The swipe fee regulations were adopted a decade ago, and a new Fed report shows that banks’ average cost of processing the transactions has since fallen by half. per year since 2009.

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Digital Revolving Credit: A Potentially More Responsible Financing Option than BNPL

Retail TouchPoints

This is in comparison to BNPL’s payment option, which finances individual purchases with separate fixed-term installment loans. However, there’s a catch: If a purchaser misses their payment obligations, they could be slapped with significant fees and accrued interest that may be unmanageable, especially for those living paycheck-to-paycheck.

Finance 257
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8 Things You Need to Know About Block (Formerly Known as Square)

Indigo 9 Digital

First there was Square which was founded in 2009. Cash App started allowing users to make purchases in Bitcoin in 2018, making Cash App one the first mainstream payment apps to do so. Block is planning to develop its own Bitcoin mining system. Cash App is now within the world’s top ten payment services.

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NACDS report shows pharmacies’ pivotal role

Mass Relators

Critically, these key findings from NACDS member respondents and forum participants can help inform public strategies for near-term increased demand for COVID vaccinations/boosters, COVID testing, COVID oral therapeutics (once authorized) and future pandemic planning.