As banks increasingly take the reins in buy now/pay later lending, Citigroup is going a step farther by introducing multiple point-of-sale finance options to appeal to merchants.
“Citi and other large banks are probably better positioned to offer point-of-sale lending or BNPL,” said David Shipper, a strategic advisor in Aite-Novarica’s payments and banking practice. “Banks can play here.”
Read American Banker to find out how Jifiti is helping banks scale their B2C and B2B lending at the point of sale.