{"id":20156,"date":"2022-01-25T09:00:00","date_gmt":"2022-01-25T09:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2022\/01\/25\/singapore-based-in-financial-technologies-launches-its-buy-now-pay-later-service\/"},"modified":"2022-01-25T09:00:00","modified_gmt":"2022-01-25T09:00:00","slug":"singapore-based-in-financial-technologies-launches-its-buy-now-pay-later-service","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2022\/01\/25\/singapore-based-in-financial-technologies-launches-its-buy-now-pay-later-service\/","title":{"rendered":"Singapore based IN Financial Technologies launches its &#8220;Buy Now Pay Later&#8221; service"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>SINGAPORE &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\" rel=\"sponsored\">Media<br \/>\nOutReach<\/a>\u00a0&#8211; 25 January 2022<b>\u00a0<\/b>&#8211; Buy Now Pay Later (&#8220;<b>BNPL<\/b>&#8220;) \u2013\u2013\u00a0a concept we are all too<br \/>\nfamiliar with. This fintech trend that enables business customers to make<br \/>\npurchases through instalment plans has seen a high traction recently. However, these are often<br \/>\ntied to tedious credit assessment, documents requirements and hefty interest<br \/>\nwith fine print, resulting in much debt that often goes unpaid for far too<br \/>\nlong. With INFT BNPL, businesses<br \/>\ncan now be more competitive and gain higher sales volume, while their customers<br \/>\nget the products with 0% interest instalment payments.<\/p>\n<p>With<br \/>\nincreasing companies now offering such services, this holds testament to<br \/>\nconsumer preference for flexible payment methods instead of traditional payment<br \/>\nschemes. However, given most companies take cuts from<br \/>\nbusiness profits, one might be reluctant to consider offering BNPL to<br \/>\ncustomers. But perhaps we can sell you a couple of benefits, including the<br \/>\nmassive potential for business growth. Such is exceptionally attractive for Small and Medium-sized Enterprises (&#8220;SME&#8221;) seeking to establish a loyal<br \/>\nclient base right from the outset. As such, INFT<br \/>\nis choosing to launch its very own Buy Now Pay<br \/>\nLater, a product stemming from the concept of<br \/>\nBNPL. <\/p>\n<p>\u00a0<\/p>\n<p>Designed to help you grow, INFT aims to<br \/>\nprovide an easy and fuss-free solution to<br \/>\nencourage higher sales volume and average transaction size. In just three<br \/>\nsimple steps, your business will be far more attractive to new customers in<br \/>\ncomparison to competitors. Firstly, your business<br \/>\nwill submit an invoice to INFT. INFT then assesses the<br \/>\ncustomer and verifies the purchase. Your business will receive the full<br \/>\namount (less transaction fee) from INFT upon receiving the<br \/>\nfirst upfront payment from the customer.<\/p>\n<p>\u00a0<\/p>\n<p>Buy Now Pay Later extends across all<br \/>\nbusiness transactions including food to electronics.<br \/>\nINFT&#8217;s recent launch of BNPL offers<br \/>\nflexibility with 6 easy payments that come with a maximum transaction size of up to S$5,000, while<br \/>\nfeaturing transparent fees with no interest rate. By breaking these<br \/>\njaw-dropping prices into more manageable, 6 interest-free payments, the prices presented are more palatable to business<br \/>\ncustomers. This<br \/>\nservice is the perfect win-win situation for<br \/>\nbusinesses and business customers alike.<\/p>\n<p>\u00a0<\/p>\n<p>With the introduction of Buy Now Pay<br \/>\nLater, INFT hopes to encourage competitiveness<br \/>\nin businesses with easy payment methods and higher turnover rates while getting<br \/>\npaid upfront. Using this form of short-term financing<br \/>\ncredit will allow businesses to reach out to a wider target audience, remain<br \/>\ncompetitive and foster consumer loyalty. With INFT, you can boost your business sales by enhancing customers&#8217;<br \/>\nexperiences and reducing cash flow strain.<\/p>\n<p>\u00a0<\/p>\n<p>Learn<br \/>\nmore about INFT Buy Now Pay Later at:<\/p>\n<p><a href=\"https:\/\/www.inft.co\/buy-now-pay-later\" rel=\"sponsored\">https:\/\/www.inft.co\/buy-now-pay-later<\/a><\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/singapore\/2022\/01\/25\/117792\/singapore-based-in-financial-technologies-launches-its-buy-now-pay-later-service\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE &#8211;\u00a0Media OutReach\u00a0&#8211; 25 January 2022\u00a0&#8211; Buy Now Pay Later (&#8220;BNPL&#8220;) \u2013\u2013\u00a0a concept we are all too familiar with. This fintech trend that enables business customers to make purchases through instalment plans has seen a high traction recently. However, these are often tied to tedious credit assessment, documents requirements and hefty interest with fine print, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":20157,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/20156"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=20156"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/20156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/20157"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=20156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=20156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=20156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}