Banks, lenders and merchants can now offer BNPL financing to corporate clients, in addition to consumers, through a single platform.
/EIN News/ — COLUMBUS, Ohio, Oct. 24, 2022 (GLOBE NEWSWIRE) — Jifiti, a leading fintech company, today announced the launch of its BNPL business-to-business (B2B) solution. Any bank, lender and merchant who caters to professional customers can now offer BNPL under its own brand, integrated directly into the user journey, without any intermediary.
With the addition of B2B financing, Jifiti now facilitates every Buy Now Pay Later option for major banks, lenders and merchants worldwide, online and in-store, through a single platform. Merchants who want to offer integrated B2B financing can connect to Jifiti’s platform via e-commerce plugins, simple API integration, or use Jifiti’s zero-integration virtual card technology.
Jifiti deploys its B2B solution to multiple partners in international markets, including major retail brands and financial institutions. Merchants can now help their business customers in a simple and transparent way, offering them more payment options that were not available before. Commercial buyers need specialized BNPL solutions because purchase amounts are higher, approvals are more complex, and they require different loan terms than consumers.
Jifiti’s modular platform supports all BNPL options, including split payments, installment loans, lines of credit and now B2B loans. As the platform is white label, the financial institution and merchant retain full ownership of customers and data and are able to build brand loyalty.
“The B2B market was the logical continuation of our journey at Jifiti. Our goal is to offer each customer the financing that best suits their needs. Now we can help our banking and merchant partners extend this same level of personalization. to their professional clients thanks to specialized B2B integrated finance”, said Yaacov Martin, CEO and co-founder of Jifiti.
Jifiti is a leading fintech company powering point-of-sale financing for banks, lenders and merchants. The company’s Buy Now Pay Later (BNPL) white-label platform provides banks and lenders with industry-leading technology to easily deploy and scale their competitive consumer lending programs at any point of sale across the globe. merchant – online, in-store and via call center.
With its multinational presence, Jifiti provides end-to-end point-of-sale financing solutions to global brands in any international market. Jifiti works with leading financial institutions including Mastercard, Citizens Bank, CaixaBank, Credit Agricole and retailers such as IKEA, Walmart and others around the world.
Marketing Vice President
This content was published via the newswire.com press release distribution service.