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Inecobank launches BNPL service

Tuesday 1 March 2022 13:59 CET | News

Inecobank, an Armenia-based provider of digital solutions in the banking sector, has joined the worldwide practice of Buy Now, Pay Later (BNPL) with a new service called paylater.

The newly launched paylater service strives to improve customers' experience by making purchases and payments more comfortable. From now on, Inecobank customers have more flexibility when it comes to managing their finances, allowing them to control their resources and shop freely.

Paylater provides users with a payment limit through the bank's InecoMobile application, allowing them to make purchases now and pay for them within three or six months at no additional fee. Payments are made with a QR code – just one click, with no need for any paperwork. Customers can shop at Inecobank's partner stores and service providers, with offers ranging from tourism to aesthetic medicine and education, from clothing and accessories to car maintenance.


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Keywords: banks, BNPL, product launch, digitalisation, instalment payments
Categories: Banking & Fintech
Companies: Inecobank
Countries: Armenia
This article is part of category

Banking & Fintech

Inecobank

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