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QuickFee franchises business operations with BNPL offering

Tuesday 1 March 2022 10:16 CET | News

US-based fintech QuickFee has expanded for franchise services and enables franchisees to get paid up front while giving the customers the ability to Buy Now, Pay Later.

The Franchise Payment Services BNPL solution, which can be white labelled, enables a range of flexible payments of up to 12 monthly instalments, and represents a way for franchisees to accept debit and credit card payments.

The move follows QuickFee’s recent partnership with Jim’s Pay Plan, enabling QuickFee to offer its solution to Jim’s Group, an Australian franchising institution. According to the press release, Australia’s USD 184 billion franchise segment comprises 1,344 networks, including over 98,000 individual franchised outlets employing more than 598,000 people.

The solution looks to capitalise on this market by offering a QR code driven payment gateway with no new hardware, software or customer application required, ensuring that franchise businesses can offer flexible payment plans to their customers very quickly. Consumers can use the service to pay over four, six, nine or 12 months, via QR code, invoice or quote link, text to pay, or via computer, tablet or phone.


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Keywords: QuickFee, product upgrade, BNPL, instalment payments, payment gateway, QR code
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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