equipifi

🌤 🏔 Congratulations to consumers in #Washington! 🌤 🏔 Starting today, you can use Buy Now, Pay Later from Mountaincrest Credit Union on eligible debit card purchases! “We’re dedicated to providing our members with tools personalized to their unique financial journeys,” said Susan Webster, President and CEO at Mountaincrest Credit Union. “equipifi’s BNPL platform helps us support our members’ with the flexibility they need to bridge their financial and personal lives.” “Buy Now, Pay Later impacts member engagement through their individual purchases, allowing financial institutions to meet members’ needs in a constant and personal way,” said Bryce Deeney, CEO and co-founder of equipifi. “By launching BNPL, MountainCrest CU is leveraging its digital banking experience as a member service tool at an effectiveness and scale that previously has not been seen.”  🔎 Learn more about MountainCrest CU's BNPL: https://lnkd.in/ehHefuTy 👓 Read the press release: https://lnkd.in/eafSxC7J 🏃♂️ Check out BNPL for yourself: https://lnkd.in/ePC7f6Zx #creditunions #buynowpaylater #banking #credituniondifference #creditunionsrock #creditunion #debitcard Jack Henry Banno from Jack Henry SWBC

Good morning #Washington State! You've got #BNPL! 🏔 Please join us in congratulating Mountaincrest Credit Union for being the FIRST credit union to launch BNPL for consumers in the state of Washington. Now Mountaincrest Credit Union members can split payments on eligible purchases made on their debit cards. 🌟 💙 Check it out here: https://lnkd.in/ehHefuTy 💙 What is BNPL: https://lnkd.in/eKsr93-q 💙 See it for yourself: https://lnkd.in/ePC7f6Zx #buynowpaylater #payments #debitcard #creditunion #creditunions SWBC

THE RESULTS ARE IN! The top strategic priorities and concerns for financial institutions in 2024 include: 👾 Growing deposits & addressing attrition 👾 Net interest margin compression 👾 Growing loans 👾 Increasing operational efficiency These are just some of the things launching #BNPL installment loans on debit cards and checking accounts can accomplish for banks and credit unions. Coincidence? We think not. PS. We're already integrated with major banking cores and digital platforms to help you hit the ground running. If you haven't checked out Jack Henry's 2024 Strategy Benchmark, you can grab it here 👉 https://lnkd.in/g7mvYASQ #creditunion #creditunions #payments #lending #banking

Wow! #BNPL has broken another record for Prime Day. Contributing to 7.6% of all sales at $1.08 billion, Buy Now, Pay Later usage continues to grow for one of the biggest commerce events of the year. And that's just for #Amazon. Cardholders have spoken, and they want purchase financing. Can they get it from you? Are they choosing you at check out? 🛒 Source: Adobe TechCrunch #buynowpaylater #payments #primeday

New partnerships are reshaping payments, sending the financial landscape racing ahead — fast! Don’t let your credit union get left behind. Now, more than ever before, there is a need to consider the power behind implementing a Buy Now, Pay Later platform! Learn more about these emerging partnerships, including equipifi and SWBC, and what they mean for your credit union here: https://swb.us/3W4SGW4 #BNPL #CreditUnions #Payments

Who’s on first after Apple Pay Later? There are dozens of general and industry-specific buy now, pay later and installment finance offerings in the U.S. alone, said Bryce Deeney, CEO and co-founder of equipifi. And more and more of them are coming from financial institutions. Read more from Steve Cocheo on this article in The Financial Brand. #bnpl #buynowpaylater #applepay #applepaylater #creditunions #paymentsinnovation

Prime Day shopping starts TOMORROW! Check out how Oswego County Federal Credit Union is keeping cardholders in the know for ways that they can maximize Prime Day. 👀 ✨ https://lnkd.in/edRPWXTc Discount shopping drives high #BNPL volume every year. Prime Day 2023 saw 20% YoY increase in BNPL usage, and this growth is expected to continue this year. Do your cardholders know that with your debit card, they could be splitting their payments over time? PS. Don't have BNPL yet? Let's chat! 👉 https://lnkd.in/ePC7f6Zx #Primeday #Amazon #creditunions #banking #buynowpaylater

"#BNPL isn’t just a payment trend, it is a complete shift in consumer behavior—especially as it becomes increasingly embedded in the shopping process. If it isn’t embedded within your institution’s #banking app, consumers will seek the convenience they desire elsewhere, and the best option they find may be a fintech." -- Ronni Martinez, SWBC Check out this great post from our partner, SWBC! #creditunions #applepay #buynowpaylater #paymentsinnovation

Consumers want ONE APP for everything banking - budgeting - shopping. So be the ONE place your account holders can go to finance everything from everyday expenses to large purchases. Buy Now, Pay Later from financial institutions requires: 🌤 No credit checks 🌤 No application 🌤 No new card or account to access That's the #BNPL difference for your digital banking experience.

🕵️🕵️What happened to Apple Pay Later? What will Prime Day look like this year? How can financial institutions successfully engage Gen Z consumers? Happy end of Q2 to everyone and welcome to June’s edition of our newsletter. P.S. Don’t forget to subscribe to stay up to date with the latest #BNPL news! #payments #primeday #Amazon #Affirm #ApplePay #ApplePayLater #creditunions #banking #ecommerce Westmark Credit Union USF Federal Credit Union