Bankful partners with Sezzle to offer BNPL services
By Gloria Methri
Payment gateway Bankful has partnered with BNPL provider Sezzle to enable its merchants to offer Buy Now Pay Later option to their customers.
Using Sezzle’s BNPL feature, Bankful merchants can offer their customers the ability to pay in monthly installments.
Bankful, previously known as Pinwheel, integrates with eCommerce giants like Shopify, Square, Wix, and WooCommerce to simplify the transaction process.
Additionally, it offers merchants features such as crypto processing, subscription billing, Apple Pay, and 3DS2. The new partnership with Sezzle will expand its capabilities.
“There is tremendous growth potential around the globe, where millions of small businesses need fast and easy payment processing functionalities,” said David Silverton, Co-founder, Bankful.
“Our strategic partnerships have allowed us to give merchants a wide selection of payment gateways, POS [point of sale] solutions, business funding, and check processing solutions.”
Sezzle provides its BNPL services to more than 48,700 brands, including GameStop, Bass Pro Shop, Target, Touch of Modern, and Shop Adorn. Its interest-free installment plans increase the purchasing power of consumers, leading to increased sales and basket sizes at both online stores and in-store locations.
“Sezzle is B Corp certified and is on a mission to financially empower shoppers by creating best-in-class and transparent experiences,” said Charlie Youakim, Sezzle CEO.