New Ingenico partnership helps retailers supply financing to prospects

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French funds group Ingenico has partnered with international fintech Jifiti to assist retailers supply financing options to prospects.

Jifiti offers white labelled embedded lending options to banks, lenders and retailers. Its platform helps various kinds of loans, together with buy-now-pay-later, cut up funds and enterprise financing. It’s utilized by the likes of Mastercard, Credit score Agricole, Finastra and Ikea.

The partnership will assist simplify integration by Ingenico’s cloud-based funds platform as a service providing. It would allow banks, acquirers and retailers to activate their point-of-sale financing choices. The purchasers will be capable to entry this by a QR code and full the transaction utilizing their pre-approved credit score.

Learn extra: Shopper lending: Underneath-consumed

“By means of our partnership with Jifiti, we’re desperate to equip banks, acquirers, PSPs, and ISVs, who function the direct companions for these retailers, with the instruments to strengthen their buyer relationships, increase revenues, and drive gross sales by versatile fee choices,” stated Giulio Montemagno, normal supervisor of PPaaS at Ingenico.

“As a worldwide chief in funds, we’re devoted to offering value-added services and products worldwide, and collaborating with Jifiti is a big step in direction of attaining this objective.”

Learn extra: Open banking mooted as answer to SME financing woes

Learn extra: Linked Finance launches service provider money advance



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