Home Innovation CredPal launches “CredPal Pay” product

CredPal launches “CredPal Pay” product

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CredPal has launched its advanced merchant suite that would transform point-of-sale financing for merchants. Appropriately named “CredPal Pay,” the product is expected to help businesses grow rapidly and increase sales through the buy now, pay later scheme.

CredPal Pay announced a number of features ranging from payment links and QR codes that can allow merchants to share online and offline codes that will enable them to receive credit payment from customers who want to buy now and pay later, to a checkout plugin that helps merchants upsell on their e-commerce websites, and a payment management system where merchants can view orders and reconcile payments.

The CEO/Co-founder of CredPal, Fehintolu Olaogun said that the impact of covid has extensively fasted the transition of big and small businesses to digital payments.

He further explained, “It was important to keep evolving our ‘buy now, pay later’ innovation to meet up with recent demands of the retail market. This way it’s not just the customers who enjoy the ease of payment but merchants also have a more convenient way to accept payment in instalments from their customers.”

The company acclaims itself as “the pioneer of buy now, pay later in Nigeria” is boasting of merchants across several industries. This launch comes weeks after the company announced partnerships with major industry players like Slot Limited, Fixit45, and JustRite Stores.

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