News

i2c, Jifiti to launch finance program for a major France-based retailer

Wednesday 13 January 2021 11:00 CET | News

i2c, a provider of digital payment and banking technology, has partnered with Jifiti, a consumer financing platform working to facilitate loan programs for banks, lenders, and merchants throughout Europe.

i2c will be leveraging its next-generation platform to support Jifiti in the launch of a mobile consumer finance program in France for an undisclosed global retail brand in the furniture space.

Jifiti’s program allows customers to apply for a loan on their phone or online when shopping with the major brand in France, issuing them a virtual card immediately upon approval, checking out seamlessly whether online or in-store. i2c’s ability to process authorizations through Mastercard allows Jifiti to work with the bank of their choice for financing, without Jifiti or the partner bank having to own the authorization process themselves.

With i2c’s configurable global payments platform, Jifiti is able to introduce new solutions for merchants, lenders, and customers quickly and easily, a model it is looking to expand to other retailers in Europe.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Jifiti, i2c, fintech, POS finance, retail, loan program, online payments
Categories: Payments & Commerce
Companies:
Countries: France
This article is part of category

Payments & Commerce