BNPL

BNPL is a zero-interest financing solution that allows customers to defer payment for goods or services purchased at physical points of sale or online through affiliated e-commerce platforms. Under this model, the merchant grants the end customer deferred payment terms and simultaneously assigns the resulting trade receivable to a financial intermediary.  

In return for acquiring the receivable, the intermediary charges the merchant a fee, which may be settled in different ways, for example by direct deduction from the amount paid out or by a separate charge at a later date. The receivable is transferred immediately from the seller to the finance company, which manages the customer relationship for the entire duration of the financing.  

The module provides an API architecture for integration with physical and smart POS systems, while ensuring a structured commission model and an advanced credit risk assessment process. The BNPL solution is fully integrated with front-end applications and with Accounting, Regulatory Reporting and Compliance systems.