Over the past few years, the BNPL (buy now, pay later) financing option has taken online retail shopping by storm. In nearly all sectors, consumers now have a number of options allowing them to pay for goods and services in installments without having to break the bank.
Now, one project is trying to do the same with crypto. Seeing the potential this kind of financing format has when combined with the expanded reach of cryptocurrencies, especially among the unbanked, Uquid has launched its own Payin3 payments platform.
We spoke with Uquid CEO Tran Hung about his project and why BNPL is a perfect match for crypto.Uquid is the first platform to introduce BNPL to crypto, and we’ve done it by integrating Payin3.
This program allows shoppers to split their purchases into three installments, and the first installment only has to be paid 30 days after a purchase is made.Read more on cointelegraph.com