Galileo Financial Adds BNPL

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Galileo Financial Adds BNPL

Galileo Financial Technologies, best known for open-API-based payment processing for 124 million card issuing accounts, has launched Galileo Buy Now, Pay Later in the US. The company sees an opportunity to provide BNPL support services to card processing clients that offer checking and savings accounts linked to mobile wallets. Clients will handle credit underwriting and can customize the number of installment payments. Galileo provides them the ability to pay merchants with a one-time prepaid virtual Mastercard product. Managing and servicing loans as well as handling interest paymen...

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Nilson Report

1232

December 2022

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Card Fraud Worldwide, Inside the US vs. Outside the US

Card Fraud Worldwide—2011 through 2021

Card Fraud Projected through 2031

Fraud by Type of Card 2021

Personal Consumption Expenditures in the US 2021

Consumer Payments in the US 2021 with Projections for 2026

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Market Shares of Purchase Volume on Domestic Cards Worldwide

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US Visa and Mastercard Commercial Card Products

Commercial Cards’ Share of US General Purchase Volume—2011 through 2021

Largest Credit Card Issuers Worldwide–Ranked by Purchase Volume

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Galileo Financial Adds BNPL

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Nilson Report

1232

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