Tech

Monzo Adds Virtual Cards for Contactless Payments to FlexBNPL Products

A product that Monzo buys now and pays later, Flex comes with a virtual card that allows users to make contactless Apple Pay or Google Pay payments in-store.

With MonzoFlex announced in September, eligible customers will get a credit limit of up to £ 3000, trading over £ 30 in 3 installments with 0% interest, or 6 or 12 times in April 19%. You can pay in installments.

After feedback from early access customers, digital banks are offering users virtual Flex cards for contactless store payments. For online transactions, the customer enters the card details at checkout. After making the payment, the shopper chooses an installment plan and pays the first part.

Monzo Adds Virtual Cards for Contactless Payments to FlexBNPL Products

Source link Monzo Adds Virtual Cards for Contactless Payments to FlexBNPL Products

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