Accueil » Fractional payments: the state of grace is over Fractional payments: the state of grace is over Fractional payment fintechs have eaten their fill. After two years of euphoria, in 2020 and 2021, they are facing rising interest rates, following inflation, and an increase in the risk of non-payment. They will have to comply with new rules which the regulatory authorities, particularly in Brussels, are preparing to curb over-indebtedness. At the same time, they will have to defend their prerogative against the giant Apple, which has launched an Apple Pay Later solution. Through Sophie Baqué. Published on 18 July 2022 à 10h22 - Update on 21 October 2022 à 21h38 Resources … Once boosted by low cost of money, the explosion of e-commerce during the Covid-19 pandemic and the habit of young people to pay on their smartphones by instalments, the pure-players of fractional payments have now had their heyday. Their offer is attractive: it allows consumers to pay for purchases in instalments (over a period of several weeks or months) and generally without interest. These companies then charge e-commerce sites and retailers a fee for each transaction. In 2021, there were about a hundred players in the world on this booming market. The world leaders are Sweden’s Klarna,… This article is for subscribers only Already have an account? Log in You are not registered yet ? Sign up for a free trialfree for 1 month Online services : studies, analyses, databases and much more Daily Briefing : latest news digest Weekly letters Last name First name Email address Sophie Baqué Essentials Synthèse et historique de tous les contenus sur une thématique suivie en détails par la rédaction Les dernières publications Cashback: a successful sales option to relieve pressure on spending A year of crisis: Retailers' initiatives to cope with the purchasing power drop Analyzes Synthèse et historique de tous les contenus sur une thématique suivie en détails par la rédaction Les dernières publications [Analysis] Private label: What are the best practices of European retailers in 2023? How e-retail media technology companies are positioning themselves
