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Affirm and FIS Collaborate to Enable BNPL for Banks via Debit Cards

Date:

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Highlights:

  • Affirm and FIS have announced a strategic partnership to offer Buy Now, Pay Later (BNPL) services through debit cards.
  • The collaboration aims to enhance banking services by providing flexible payment options to consumers.
  • This initiative allows banks to compete more effectively in the emerging BNPL market.

Affirm and FIS have teamed up to provide banks with a way to offer BNPL services directly via debit cards, revolutionizing payment options for consumers. This partnership not only empowers consumers with greater flexibility in their purchasing decisions but also enhances the competitive edge of banks in the evolving financial landscape. By integrating BNPL into debit card transactions, both companies aim to unleash a new wave of financial convenience and accessibility.

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FinTech Author
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