TUCSON, Az.--Vantage West Credit Union has added Buy Now, Pay Later (BNPL) to its suite of online banking products.
With the launch of this program, accessible through its digital banking experience, Vantage West is expanding access to financial flexibility for its entire membership.
Vantage West has selected equipifi, a leading BNPL platform designed for financial institutions, to power its solution. Now, whenever members make eligible purchases on their existing credit union debit card, they will be able to split the payments for these transactions over time. Through equipifi, Vantage West’s BNPL program generates offers that are personalized to each member’s financial context and goals. Members will be able to view and accept their BNPL offers in their digital banking experience and receive the funds in their checking account in moments.
“Vantage West exists to "our community by providing financial tools that align with their evolving needs,” said Sandra Sagehorn-Elliott, President and CEO of Vantage West. “By launching BNPL with equipifi, we are delivering a much-needed service that not only benefits our membership but also caters to their individual needs. We’re excited to bring expanded access to flexible financing to our membership, and to continue to help them thrive.”
"BNPL is a powerful tool when provided by credit unions because it creates financial flexibility and opportunities for their entire membership in a way that is safe and tailored for individual members,” said Bryce Deeney, co-founder and CEO of equipifi. “By launching the solution in their digital banking experience, credit unions like Vantage West are positioning themselves to better serve their members, from everyday budgeting decisions to unexpected expenses.”