Fundiin & Pharmacity bring BNPL services for pharmacies in Vietnam

By Gloria Mathias

Fundiin and Pharmacity have forged a ‘Buy Now Pay Later’ (BNPL) partnership in the pharmacy retail sector, with Fundiin being the BNPL provider in Vietnam for Pharmacity, a regional drugstore chain.

Fundiin’s presence at Pharmacity, the Vietnamese pharmacy retail chain with close to a thousand drugstores, will provide holistic consumer protection, addressing both physical and financial well-being by providing interest-free pay-later options.

Pharmacity’s introduction of BNPL through Fundiin is poised to propel healthcare spending and enhance its competitive advantage by embracing solutions. For consumers, this flexible payment solution promises convenience in accessing healthcare services while mitigating financial worries, enabling them to receive the care they need and pay later.

Fundiin BNPL services have emerged as a growing payment method for Vietnamese consumers, specifically those underserved by traditional banks and financial institutions. It helps to make financial services more accessible to a wider range of people and boost consumption and economic growth.

This collaboration with Pharmacity solidifies Fundiin as the preferred BNPL partner for various industry leaders across a wide range of sectors, including cinema, mattresses, bicycles, fashion, cosmetics, and travel in Vietnam.

“Our partnership with Pharmacity aims to enhance healthcare and empower the Vietnamese people with greater health and financial freedom. We believe that our interest-free pay-later payment method will provide valuable support to families and patients facing short-term financial difficulties and encourage them to seek medical treatment without hesitation and not miss out on golden time for treatment,” said Nguyen Anh Cuong, CEO of Fundiin.

He further emphasised that retailers and consumers have transitioned to BNPL as a more financially comfortable payment alternative, leading to a three-fold increase in the growth of Fundiin.