Apple Pay and Affirm: What their new partnership means for your credit union
Is Buy Now, Pay Later (BNPL) a financial industry trend your credit union needs to hop on?
The financial industry evolves at a rapid pace, making it difficult for credit unions to keep up with ever-changing trends. With technology-loving consumers always in search of easier, more seamless transactions, credit unions must also continue to evolve and adapt in order to stay in the race.
As technology advances, financial trends can quickly become expectations from your members. Credit unions must meet the demands of today’s market to strengthen trust—confirming they are committed to member empowerment by providing the best financial options available.
One payment option that has boomed in popularity within the last few years is buy now, pay later (BNPL). Affirm, a BNPL fintech company, is a growing platform allowing consumers to make purchases that grant them the opportunity to pay in installments, with their latest partnership providing even more ease in making these purchases.
Don’t let your credit union fall behind. Learn more about the path you can take to keep your credit union in the race as platforms like Affirm rapidly advance alongside today’s financial trends.
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