Jifiti recently announced the launch of the first-of-its-kind white-labeled Split Pay solution, enabling merchants, banks and lenders to offer split payments to consumers at scale.

With a diverse BNPL product set, merchants and lenders can cater to a wider range of consumers and capture more market share.

The solution is easily scalable, off-the-shelf and powers split pay for any merchant in any global market, online, in-store and via call center.

Universo, the financial services arm of multi-national corporation Sonae, will be going live with their Split Pay solution in early 2022.

“While there are many direct-to-consumer split payment solutions already available in the market, Jifiti’s solution is unique in that it is both white labeled and off-the-shelf. Jifiti clients can now offer Split Payments under their own brand without involving a direct-to-consumer fintech, thus retaining full ownership of their customer experience, data and brand equity.”

Read the full article in PYMNTS.