American Heritage Credit Union Launches Buy Now, Pay Later Feature for Debit Card Users
American Heritage Credit Union has introduced a new 'Buy Now, Pay Later' (BNPL) feature that allows its 325,000+ members to convert eligible debit card purchases into fixed installment payments. Managed directly through the credit union's digital banking platform, the service enables members to select specific transactions and arrange repayment plans from their existing accounts. The program is powered by equipifi, a specialized BNPL platform designed for financial institutions. By integrating installment lending into its core debit offerings, American Heritage aims to provide greater budget flexibility for its members while expanding its lending portfolio within its established member base.
Topics: Buy Now Pay Later Debit Card Services Digital Banking Fintech Partnership
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