Buy Now Pay Later – Alternative Credit & Payments
Usage of Plastic money has been a popular way of purchasing goods in the last decade.
Usage of Plastic money has been a popular way of purchasing goods in the last decade.
However, in many cases, this led to a huge amount of debt.
Hence, the new Gen Z prefers to use an alternative payment option i.e. Buy Now Pay Later (BNPL) to reduce the risk of debts.
Azilen with its Fintech competence has successfully delivered one such solution providing consumers with an On-demand finance option.
PCI Compliant
Multi-Party Transactions
Historical Payment Data Mgmt.
Consumer Credit Score Analysis
Automated Merchant Settlement
Financial Reporting & Accounting
The Customer based in South Africa is one of the leading digital banking solution providers with a deep background in financial services & payment technology. The customer aims to deliver a world-class payment solution that is superior & easily adaptable by consumers & merchants.
Azilen collaborated with the customer to build a state-of-the-art Buy Now Pay Later (BNPL) payment system, feasible & integral with any of the E-commerce stores. This solution brings in a payment revolution enabling the consumers to have an interest-free payment plan & merchants to boost their sales.
Boost In Sales
Active Consumer Base
E-Commerce Store Integration
The customer was looking for a payment gateway that attracts the consumers to Buy More from various E-commerce marketplaces. Hence, the idea was formulated to build an innovative BNPL (Buy Now Pay Later) Payment System that provides Interest-free finance options to the consumers on their purchases.
The customer was looking for a payment gateway that attracts the consumers to Buy More from various E-commerce marketplaces. Hence, the idea was formulated to build an innovative BNPL (Buy Now Pay Later) Payment System that provides Interest-free finance options to the consumers on their purchases.
WHAT IT BRINGS IN FOR CONSUMER?
WHAT IT BRINGS IN FOR MERCHANT?
Consumers are weary of credit cards and the interest that comes with them. However, they are highly interested to explore an alternative payment option that provides a similar purchasing experience. Also, eTailers can boost online sales by fostering trust and offering financial flexibility to its consumers. This brings in to hop aboard the trending BNLP services that help: