Santander’s Zinia to offer BNPL to Apple customers in Germany

By Gloria Methri

Santander has announced that Zinia, its digital consumer finance platform, will become the new consumer finance provider for Apple in Germany.

Zinia will offer customers purchasing Apple products both in stores and online at apple.de the option to defer payments by splitting the total amount into installments (3, 6, 12, 18, 24 and 36 months), or by deferring the payment 30 days after the shipment (online) or pick up in-store.

As part of the launch of this new agreement, in the next months, Apple customers will be able to finance the purchase of an iPhone with Zinia in 12 or 24 interest-free installments.

Zinia will thus provide Apple customers with an agile, intuitive, and secure user experience for financing an iPhone, iPad, Apple Watch, Mac or any other device in seconds at Apple stores or the Apple Store online.

To complete a transaction, customers only need to provide their phone number and date of birth, confirm the reception of a security code and follow a quick validation process by logging into their online banking within the Apple Store. All this, with the security and backing of a major financial group like Santander.

Since 2022, Zinia has been present in Germany, offering a range of financing solutions (buy now, pay later and instalments, among others). In the coming months, it will continue expanding in Germany and other European countries.

Zinia is part of Santander’s Digital Consumer Bank, which holds the Group’s consumer finance business, providing financial services in 16 European countries through more than 130,000 associated points of sale.