In the top retail news for today: Paidy has launched 3-Pay in Japan for customers to buy now and pay later, Thrive Market has been designated as a B-corporation, and Amazon is advancing its presence in Sweden with a new eCommerce site and a clean energy grid to support the tech giant’s data centers.
Japanese consumers can now buy now and pay later in three installments instead of four. On Wednesday (Oct. 28), Paidy unveiled 3-Pay, enabling users of its Paidy Plus service to split their purchases into three installments, something the startup calls a first in Japan.
Thrive Market has been recognized for its efforts – not with funding or a financial milestone, but by its new designation as a B-corp. Nick Green, CEO of Thrive Market, told PYMNTS that he interprets the designation as a recognition that the company is looking out for the long-term interest of its members, employees, investors and suppliers, as well as the planet.
Amazon is advancing its presence in Sweden with a new eCommerce site and a clean energy grid to support the tech giant’s data centers, according to a company statement on Wednesday (Oct. 28). The 91-megawatt power project Amazon is building in Sweden will likely deliver approximately 280,000-megawatt hours of clean energy to the Swedish grid.