Charlotte Piron (Consultant, Paris) explores the rising prominence of BNPL in physical retail, highlighting its impact on consumer behaviour and the steps major players are taking to adapt to this shift. The article also discusses the key benefits of in-store BNPL for providers, merchants, and consumers, emphasizing its potential to elevate the shopping experience and delves into how traditional banks are responding to the growing appeal of BNPL and the regulatory changes that may shape the future of the industry.
Louis Wapler (Manager, Paris) shares his thoughts on the rise of lending in the B2B sector through BNPL providers, a profitable business model both for issuers and for clients
Gregoire Toussaint (Director, Paris) moderated a panel discussion on payments for merchants in the One-to-One Monaco event on 14-16 March 2023 in Monaco. The panel discussion focused on how merchants can leverage payments to increase revenues and support merchants’ growth.
It is difficult to predict how the economic downturn and recession will impact the Buy Now Pay Later (BNPL) industry. As interest rates continue to rise, credit card borrowing is growing more expensive. Now there is a new breed of start-ups that have turned the concept of BNPL on its head. Save Now, Buy Later (SNBL) schemes incentivise saving for big-ticket purchases while avoiding the potential debt trap that comes with BNPL. Mark Beresford (Director, London) along with the Retail Payments Practice at EDC have taken a closer look at SNBL as this new alternative payment method starts to gain momentum.
Our client, one of Europe’s leading online travel retailers
If the value of e-commerce sales is around 25% of global retail sales, physical retail sales represent by far the largest opportunity for in-store BNPL. Mark Beresford (Director, London) and the Retail Practice team looked at if BNPL can work in physical retail, and whether consumer appetite supports it.