"Tymit is a one-stop-shop for creating a valuable instalment experience program," added Robert Kenley, Chief Commercial Officer at Tymit. "We provide technology and expertise, enabling partners to co-create bespoke instalment programs and bring innovative new products to market. Our focus on transparency and control empowers end customers while helping partners grow revenue, increase basket size, and reduce buy now, pay later (BNPL) fees."
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Tymit is committed to driving innovation and facilitating growth in the instalment credit market. With the backing of Visa's global network and payment expertise, the partnership between Tymit and Visa is set to accelerate the growth of instalment credit programs.
We are excited to partner with Tymit to provide our clients with innovative solutions that address the pressing challenges faced by the industry," said Federico Sanavio, Credit Products Solutions & Partnerships at Visa. "This collaboration will empower financial institutions and merchants to meet the changing needs of their customers, offering greater flexibility on card payments whilst enabling an embedded finance ecosystem.”
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