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Fiserv Brings BNPL Capabilities to Debit Cards with Affirm
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Fiserv Brings BNPL Capabilities to Debit Cards with Affirm
Fiserv and Affirm are bringing BNPL to debit cards, enabling banks and credit unions to offer pay-over-time capabilities through existing debit programs without building new lending infrastructure. Offering BNPL with bank-issued debit cards shifts installment lending from the merchant checkout to bank-owned channels, allowing financial institutions to retain customer relationships, data, and engagement within their own apps and card programs. Th…
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