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NewsBriefs

censes. Analysts suggested X could adopt TikTok's ap-
proach of embedding shopping within social content. Unlock Your

This strategy offers advertisers conversion data while
potentially subsidizing payment fees. X's innovations
could reshape ecommerce, pending resolution of li- Growth Potential
censing and other challenges.
The Clearing House's RTP network reported a 94 per- With a BCP Loan
RTP reports substantial growth

cent increase in transaction value to $246 billion in
2024, alongside a 38 percent rise in volume to 343 mil-
lion transactions. Despite its smaller scale compared to
the ACH network, RTP saw significant fourth-quarter
activity with 98 million transactions worth $80 billion.

The average transaction value rose 40 percent to $719,
driven by growing participation from financial insti-
tutions and businesses using RTP for payroll, supply
chain and merchant payments.

By 2028, 70 to 80 percent of FIs are expected to receive
instant payments, though fewer will send them due to
cost barriers. RTP's transaction limit will increase to
$10 million in 2025, supporting large-value payments
like real estate.

Also the Faster Payments Council's research highlight-
ed instant payment use cases, emphasizing payroll,
emergency payments and supplier invoices.
CFPB research reveals growing BNPL
usage by subprime borrowers
The CFPB's recent study highlights rising BNPL loan
use, particularly among subprime borrowers. In 2022,
21 percent of consumers used BNPL loans, with sub-
prime borrowers comprising 63 percent of users.

Many held multiple loans, sometimes from different
providers. BNPL originations per borrower rose to 9.5
annually, up from 8.5 in 2021.
Younger consumers (18-24) showed greater reliance on BOCA
BNPL, with such loans accounting for 28 percent of
their unsecured debt during usage months. CAPITAL
PARTNERS
BNPL lenders promote these loans as safer than credit
cards, offering quick approval and interest-free pay-
down periods. However, researchers noted that BNPL Get a loan from $100,000 to
borrowers often carry higher balances on other unse-
cured credit lines. $5,000,000 for your ISO today

The CFPB has mandated BNPL lenders to uphold con-
sumer protections akin to credit cards and continues
monitoring the sector to ensure compliance and ad-
dress emerging risks. Call Now: 844-531-4957
bocacapitalpartners.com

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