Amazon to offer BNPL in Mexico via FinTech Kueski

By Delisha Fernandes

Amazon has partnered with Mexico-based Kueski Pay to launch Pago en Quincenas, a payment method that allows users to defer their purchases into biweekly payments.

This solution is designed to make shopping on Amazon more affordable. For now, this payment method is available to select Amazon customers and will become available to all eligible customers in the coming months.

“Customers are increasingly looking for flexible payment options to help them meet their shopping needs,” said Karen Pepper, Digital Payments leader for Amazon Mexico. “Pago en Quincenas with Kueski Pay is Amazon’s latest initiative to provide customers in Mexico with access to affordable payment methods, and expand Amazon’s safe and secure financing offerings with a simple fee structure, demonstrating our commitment that Amazon is for everyone.

Customers who choose to use Pago en Quincenas with Kueski Pay will be able to choose plans of up to 4 interest-free biweekly payments as part of an introductory offer, or up to 12 biweekly payments. It is not mandatory to have a credit card to access this payment method; customers can choose how they wish to pay either through a linked bank account, debit card or cash at affiliated networks. In addition, anyone over the age of 18 may request this payment option.

When paying for the first time with Kueski Pay, a simple one-time application must be completed during the Amazon checkout process. After this registration and approval of their credit, customers will be able to place their order and pay afterwards. Repeat customers will see Kueski Pay, which handles the loan payment securely, available at the end of their purchases and will no longer need to provide additional information.

“Our agreement with Amazon demonstrates the need Mexicans have for more flexible, secure and inclusive payment alternatives. Kueski Pay enables merchants to deliver more innovative shopping experiences and help Mexican consumers live their personal finances with more excitement,” said Lisset May, senior vice president of sales for Kueski.