BNI Europa and Parcela Já bring instalment payments to POS

Miguel Quintas, Parcela Ja CEO

Banco BNI Europa and Portuguese fintech Parcela Já, are launching an innovative solution for the Portuguese market, which aims to enable any retailer to offer its credit card-holder customers the instalment of any purchase without costs to the consumer.

The customer will be able to decide at the terminal how they’d  like to arrange the consecutive instalments between 2 and 12.

“This service will allow the merchant to boost their sales significantly and the consumer to increase their purchasing power,” says Pedro Pinto Coelho, Banco BNI Europa’s CEO. “The solution will be available to all merchants that join the service, and the customer only have a credit card. In this service Banco BNI Europa anticipates the value of the sale to the shopkeeper and Parcela Já will manage the instalments. ”

“This service has advantages for both parties: merchants and customers,” commented Miguel Quintas, CEO of Parcela Já. “Merchants receive the amount in full at the time of purchase and the final customer can make the instalment payment on the credit card that usually use and according to the number of instalments chosen by him. ”

“This partnership is a follow-up to the innovative initiatives we are developing at the moment, all to strengthen our presence in the Portuguese market” added Pinto Coelho- “Banco BNI Europa is a bank with an open architecture and aims establish partnerships of this type, both in Portugal and internationally, having received numerous awards that corroborate the strategy followed. “

Related Posts