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Inecobank joins BNPL and launches paylater as a service
Inecobank, the Armenian leader in digital solutions in the banking sector, consistently introducing innovative financial technologies in the market, has joined the worldwide practice of BNPL (buy now, pay later) with a new service called paylater.
Paylater provides users with a payment limit through the Bank’s top-rated InecoMobile application, allowing them to make purchases now and pay for them within 3 or 6 months at no additional fee. Payments are made with a QR code – just one click, with no need for any paperwork. Customers can shop at Inecobank’s partner stores and service providers, with offers ranging from tourism to aesthetic medicine and education, from clothing and accessories to car maintenance.
The paylater service which strives to improve customers’ experience by making purchases and payments more comfortable, and filling life with pleasant moments. From now on, Inecobank customers have more flexibility when it comes to managing their finances, allowing them to control their resources effectively and shop freely without any wasted effort or time.
“Today Armenia has a great potential to occupy its unique place in the international financial industry. The proof of this is that worldwide fintech innovations are actively localized here as well. We are excited to bring global financial trends and the best international experience to Armenia and make them available to Armenian customers,” said Aren Naltakyan, CEO of Inecobank.
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