Visa’s new technology aims to meet the increasing interest of global consumers for instalment financing on their credit cards, available across ecommerce platforms and in-store.
Visa supports leading BNPL (Buy Now, Pay Later) fintechs like Klarna, ChargeAfter, and Afterpay, and is looking to expand its partnerships throughout North America. It already collaborates with companies like Moneris, Commerce Bank, Versapay, and ScotiaBank.
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