New Ingenico partnership helps merchants offer financing to customers
French payments group Ingenico has partnered with global fintech Jifiti to help merchants offer financing solutions to customers.
Jifiti provides white labelled embedded lending solutions to banks, lenders and merchants. Its platform supports different types of loans, including buy-now-pay-later, split payments and business financing. It is used by the likes of Mastercard, Credit Agricole, Finastra and Ikea.
The partnership will help simplify integration through Ingenico’s cloud-based payments platform as a service offering. It will enable banks, acquirers and merchants to activate their point-of-sale financing offerings. The customers will be able to access this through a QR code and complete the transaction using their pre-approved credit.
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“Through our partnership with Jifiti, we are eager to equip banks, acquirers, PSPs, and ISVs, who serve as the direct partners for these merchants, with the tools to strengthen their customer relationships, boost revenues, and drive sales through flexible payment options,” said Giulio Montemagno, general manager of PPaaS at Ingenico.
“As a global leader in payments, we are dedicated to providing value-added products and services worldwide, and collaborating with Jifiti is a significant step towards achieving this goal.”
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