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Consumers Spend Twice as Much When Paying with Credit Card-Linked Installments Versus Traditional Buy Now, Pay Later Plans, According to Retailers

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New Report from Splitit and PYMNTS Finds That Seventy-Two Percent of Retailers Prefer Card-Linked Installment Options Over Other BNPL Programs

Almost 90% of Merchants Believe Card-Linked Installments Boost Customer Acquisition and Retention, Compared to Just 64% For BNPL Pay-in-3 Plans

ATLANTA, June 21, 2024 /PRNewswire/ — Consumers are spending twice as much when they use their credit cards for interest-free installments compared to traditional Buy Now, Pay Later (BNPL) plans, according to new first-party research from Splitit and PYMNTS. The report, Merchants’ Evolving Perspective On the Value of Card-Linked Pay Later Plans, underscores the high value that card based installments offer to retailers. The survey also found that nearly three-quarters of merchants prefer card-linked installment options over traditional BNPL programs.

“Median spend on card-linked installments is over $1,000, compared to $386 on average for traditional BNPL plans,” said Nandan Sheth, Chief Executive Officer of Splitit. “Nearly 90% of merchants acknowledge that these card-linked plans drive higher sales conversion and enhance customer loyalty, marking a pivotal shift in the pay-later landscape. Therefore, it’s no surprise that nearly three-quarters of merchants prefer card-linked installments, and over a third believe their customers are very or extremely likely to switch merchants to use these plans, a 164% increase since December 2023.”

As customer acquisition and retention costs continue to skyrocket, card-linked installments are valued by nearly nine out of ten merchants (88%) to improve customer acquisition and retention. This is in comparison to 64% for traditional BNPLs.

Additional key findings from the study include:

82% of merchants confirm an increase in card-linked installments for in-store purchases over the past twelve months, compared to 67% of merchants reporting an increase in BNPL use in-store during the same period.

37% of merchants surveyed are now using card-linked installments, an increase of 16% over the past six months.

More than one-third of merchants believe that their customers are very or extremely likely to switch merchants in order to use a pay later plan linked to their existing credit card, which is up 164% since December 2023.

53% of merchants believe that consumers would purchase higher-priced items or services if consumers were aware of card-linked installment options prior to checkout.The top benefits merchants see when offering pay later plans include:Simplicity of receiving payments (94.5%)Customer Acquisition and Retention (87.9%)Sales advantage (75.8%)Reduced payment processing issues (74.7%)Security (53.8%)

“Card-linked installments cater to customers who don’t need new credit but value a faster checkout process,” continued Sheth. “This segment is being ignored by traditional BNPL lenders. Merchants view card-linked installments as incremental to legacy BNPL options, which force consumers to originate a new loan. Additionally, merchants appreciate that keeping installments on an existing card simplifies returns and other back-office processes. This combination is fueling the strong demand for card-linked installments among merchants.”

To learn more, download the full report.

Methodology
Merchants’ Evolving Perspective on the Value of Card- Linked Pay Later Plans is a PYMNTS Intelligence and Splitit collaboration. This edition examines merchants’ current support of and interest in offering various installment plans. It draws on insights from an original survey of 100 merchants with knowledge of and leadership responsibilities in AR, consumer billing and collections, and finance or financial operations. We conducted this survey from March 7 to March 28 and limited the sample to firms that met the following qualifications:

Generate revenue in eCommerce/eTail, education, restaurants, healthcare or medical, retail trade, or travel and leisure;Made more than 50% of their sales to consumers;Generate annual revenues greater than $50 million;Made sales with credit cards, store cards or BNPL.

About Splitit
Splitit is a global payment solution provider that lets shoppers use the credit they’ve earned by breaking up purchases into monthly interest-free installments using their existing credit card. Splitit enables merchants to improve conversion rates and increase average order value by giving customers an easy and fast way to pay for purchases over time without originating new credit. Splitit serves many of Internet Retailer’s top 500 merchants and is accepted by more than 1,500 eCommerce merchants in over 30 countries and shoppers in over 100 countries. 

Splitit Media Contact:
Berns Communications Group
Danielle Poggi
dpoggi@bcg-pr.com 

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SOURCE Splitit USA, Inc.

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GS1 India to Host GS1 General Assembly 2025 in Mumbai: ‘Building Bridges for a Better Tomorrow’

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MUMBAI, India , May 19, 2025 /PRNewswire/ — GS1 India is proud to host the GS1 General Assembly 2025 in Mumbai from 20th to 22nd May 2025. With the theme ‘Building Bridges for a Better Tomorrow,’ this prestigious annual global event brings together leaders and change makers to shape the future of global supply chains.

GS1 India will be hosting the GS1 General Assembly in Mumbai from 20th to 22nd May 2025. The event will have 250+ guests representing the GS1 Management Board comprising some of the global leading companies, and Chairmen and CEOs representing 118 Member Organizations worldwide. Together, these global leaders will explore how standards and emerging technologies are accelerating digital transformation and enabling smarter, more resilient supply chains—with a central highlight being the official approval of GS1 Vision 2030, the organisation’s bold new strategic direction.

“With the approval of GS1 Vision 2030 here in India, we mark a milestone moment for our global community. This new strategy sets a bold course for the future—one where data can be trusted, shared, and acted upon in real time. In a world shaped by digital acceleration and AI, our role is to enable companies of all sizes to seamlessly reach markets, enhance supply chain efficiency and resilience, meet sustainability and regulatory demands, and empower consumers and patients with information they can trust,” said Renaud de Barbuat, President and CEO, GS1.

S. Swaminathan, CEO, GS1 India said, “We are honoured to host the GS1 General Assembly 2025. As supply chains around the world evolve to become more digital, transparent, and resilient, this year’s them reflects our collective commitment to collaboration and transformation. Through global standards, we are not just enabling smarter supply chains; we are laying the foundation for trustworthy ecosystems powered by trusted data that benefit consumers, businesses, and governments alike.”

The event will have voices from Indian industry sectors such as retail, healthcare, technology, supply chain management, and e-commerce. These leaders will explore how global standards and emerging technologies are accelerating digital transformation and creating smarter, more resilient supply chains.

Key discussion topics will include:

The launch of Vision 2030 and its impact on the industryAmbition 2027 and the global transition to next generation barcodesThe transformative impact of emerging technologies like AI and Block chain

About GS1

GS1 is a neutral, not-for-profit standards organisation that is best known for the barcode, named by the BBC as one of “the 50 things that made the world economy.” GS1 standards improve the efficiency, safety and visibility of supply chains across physical and digital channels in 25 sectors. GS1 standards enable organisations to identify, capture and share information seamlessly. Our scale and reach – local Member Organisations in 118 countries, more than 2 million user companies and 10 billion transactions every day –ensure that GS1 standards create a common language that supports systems and processes across the globe. Find out more at www.gs1.org.

About GS1 India

GS1 India is a member organisation affiliated to GS1 Global. It has been setup by the Ministry of Commerce, Govt. of India along with trade bodies like CII, FICCI, IMC, ASSOCHAM, APEDA, FIEO and organisations such as Spices Board, Indian Institute of Packaging and BIS. Find out more at www.gs1india.org.

The GS1 General Assembly is an annual meeting which brings entire GS1 global community together and where organisation’s key decisions and global disruptions are discussed.

 

View original content:https://www.prnewswire.com/in/news-releases/gs1-india-to-host-gs1-general-assembly-2025-in-mumbai-building-bridges-for-a-better-tomorrow-302458751.html

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COMPUTEX 2025 Gathers Global Tech Minds to Explore AI-Driven Industrial Evolution

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TAIPEI, May 19, 2025 /PRNewswire/ — COMPUTEX TAIPEI 2025, one of the global iconic exhibitions for AI and innovation, will officially open tomorrow, May 20, at the Taipei Nangang Exhibition Center Halls 1 and 2. The event brings together 1,400 exhibitors from 34 countries and regions to showcase their innovations across 4,800 booths. This year, COMPUTEX continues to lead the global tech ecosystem, inviting major industry players—NVIDIA, Qualcomm, Foxconn, MediaTek, NXP, and other tech giants to deliver keynote speeches. Leading research firm Gartner is also invited to provide in-depth insights into AI technologies and industry trends, collectively exploring cutting-edge innovation and emerging business opportunities.

According to Gartner, global spending on generative AI will reach US$ 644 billion in 2025. Companies are investing billions annually to improve the scale, performance, and reliability of generative AI models. AI is expected to become a standard built-in feature in future consumer electronics. In response to this AI-driven economic transformation, COMPUTEX 2025 is themed “AI Next” and focuses on AI & Robotics, Next-Gen Tech, and Future Mobility, echoing global trends in AI innovation and industrial transformation.

James Huang, Chairman of Taiwan External Trade Development Council (TAITRA), remarked, “AI is transforming industries at an unprecedented pace—from algorithmic breakthroughs to broader accessibility. Taiwan, with its leadership in semiconductors and innovation, is driving this global shift. COMPUTEX 2025 spotlights AI & robotics, next-gen technologies, and future mobility as the cornerstones of the next wave of innovation.”

Paul S.L. Peng, Chairman of the Taipei Computer Association, said: “Taiwan stands strong in the AI era with its world-class semiconductor supply chain, cutting-edge software-hardware integration, and real-world solutions for challenges like smart aging and labor resilience.”

COMPUTEX Keynotes: Industry Titans to Lead the Conversation and Explore AI-Driven Industry Transformation

The COMPUTEX Keynote series will feature world-leading tech executives from around the world, including Jensen Huang, CEO of NVIDIA; Cristiano Amon, CEO of Qualcomm; Young Liu, Chairman of Foxconn Technology Group; Dr. Rick Tsai, Vice Chairman and CEO of MediaTek; Jens Hinrichsen, EVP of NXP, and more. These industry heavyweights will provide multi-perspective insights on AI applications in communications, automotive, smart manufacturing, and edge computing, offering the latest breakthroughs and charting the future direction of global industries.

COMPUTEX Forum: A Deep Dive into the AI Ecosystem

The COMPUTEX Forum will spotlight the development of the AI ecosystem through two focused sessions:

Morning session: Industry experts from NVIDIA, Google DeepMind, Texas Instruments, Advantech, and others will discuss business opportunities in AI robotics and edge computing, as well as how these technologies are reshaping industries.

Afternoon session: Speakers from Arm, Intel, Adobe, Cadence, and other tech-leading brands will share the next evolution of generative AI applications and real-world use cases. Additionally, leading companies, including bp Castrol, Infineon, Seagate, Schneider Electric, and Compal, will present highly efficient AI data center solutions, addressing the growing demands for AI computing power and data capacity.

InnoVEX 2025 Upgraded: Asia’s Innovation Hub for Startups

COMPUTEX’s InnoVEX—Asia’s premier innovation and startup platform—returns with record momentum. Nearly 450 startup teams from 24 countries will participate. Ten countries—including Belgium, France, Thailand, Israel, Japan, and more—will feature national pavilions. Global leading accelerators and venture capital firms like NVIDIA Inception, Garage+, and StarFab will connect with startups to foster collaboration and cross-border growth. The InnoVEX Forum will feature talks by leaders from AWS, Qualcomm, Google Cloud, NVIDIA, and more, sharing insights into AI innovation and trends. Other show events, such as startup pitch competitions and Global Demo Day, will further highlight the dynamic international startup scene.

View original content to download multimedia:https://www.prnewswire.com/news-releases/computex-2025-gathers-global-tech-minds-to-explore-ai-driven-industrial-evolution-302458760.html

SOURCE COMPUTEX

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Blubrry Podcasting to Exhibit at The Podcast Show London, May 21-22

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Daily RØDECaster Duo giveaways and face–to–face advice from CEO Todd Cochrane highlight Blubrry’s commitment to helping creators start, grow, or migrate their podcasts.

COLUMBUS, Ohio, May 19, 2025 /PRNewswire/ – Blubrry Podcasting, a global leader in podcast hosting and analytics, will be on the show floor at The Podcast Show London, May 21-22, at the Business Design Centre, Islington. Europe’s largest festival for the business of podcasting is expected to draw thousands of creators, brands, and industry leaders.

Meet the Experts – Todd Cochrane

Blubrry’s CEO and podcast–industry pioneer, Todd Cochrane, will be available both days alongside Dave Clements from our support team to answer attendee questions on everything from launch strategy to large–scale network migrations. Visitors can learn about Blubrry’s complete product line first–hand and get personalized recommendations designed to fast–track show growth.

“Blubrry was built by podcasters, for podcasters,” Cochrane said. “Whether you’re starting your first show or moving a network of 100 shows, our team and our technology make the transition seamless, so creators can focus on what matters — storytelling.”

What Blubrry Will Showcase

AI–Powered Podcast Tools – script writing, episode summaries, social clips and more to speed up production and promotion. 

Save hours in prep and post; produce richer, SEO–ready content.

Hosting PlansPro, Premium & Private – unlimited Pro Hosting for networks, fully managed Premium subscriptions, and secure Private/internal podcast delivery.

Scales from indie shows to enterprise–level training or member–only content.

IAB–Certified Podcast Statistics – trusted, advertiser–ready analytics that meet the latest IAB Tech Lab standards, and re-certified in 2025

Accurate data drives growth, monetization, and sponsorship ROI.

Daily RØDECaster Duo Giveaway

Each afternoon of the expo, Blubrry will draw one lucky raffle participant to win a brand–new RØDECaster Duo — the compact production studio perfect for on–the–go recording. Attendees must stop by the Blubrry stand and fill out a form to enter (one entry per person, per day).

Where to Find Blubrry

The Blubrry team will be located in the main exhibition hall of the Business Design Centre — at the top of the stairs. Demo appointments can be booked in advance through The Podcast Show London app or by emailing Cochrane at todd@blubrry.com.

About Blubrry Podcasting

Founded in 2005, Blubrry provides end–to–end podcast solutions including AI–assisted production tools, flexible hosting (Standard, Advanced, Pro, Premium, and Private), IAB–certified statistics, monetization options, and award–winning customer support. Millions of downloads are served through Blubrry each day, powering shows in over 150 countries. Learn more at blubrry.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/blubrry-podcasting-to-exhibit-at-the-podcast-show-london-may-21-22-302458138.html

SOURCE Blubrry Podcasting

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