Sezzle, Inc. (ASX: SZL), a US-based installment payment platform, announced on Wednesday the launch of its virtual card for buyers, which will reportedly allow Sezzle customers to pay in interest-free installments for both in store and online. Sezzle revealed that the Sezzle virtual card will allow traditional retailers that already support Apple Pay and Google Pay an easy way to offer the Buy Now, Pay After Sezzle solution to their customers.
“The Sezzle virtual card, powered by Marqeta, is launched on both Apple Pay and Google Pay, offering immediate business benefits with effortless integration. Just as Sezzle users can do it online, the Virtual Card will allow merchants to provide their customers with a more flexible way to pay for in-store transactions by giving them the opportunity to split their purchases into four interest-free installments paid in six weeks. . “
Speaking of the new card, Killian Brackey, Co-Founder and CTO of Sezzle, stated:
“As traditional in-store retail resurfaces, it is critical that we support our business partners by providing them with new tools to drive sales, both online and in store. As a proven solution to drive incremental sales and new customer growth, we are delighted to publicly announce an easy way for US retailers to offer Buy Now, Pay Later in store. “
Founded in 2016, Sezzle claims to be a public benefit corporation with a mission to financially empower the next generation. The company explained that it strives to enable all people to take control of their financial future, be more responsible and gain access to financial freedom by building the most transparent, inclusive and fluid payment option for online shoppers.