Revolut card to introduce ‘buy now, pay later’ feature, starting next year

8 septembrie 2021

Revolut, Britain’s most valuable private tech business ($ 33bn), is working on products that will let customers spread the cost of purchases made both online and in person, its chief executive told the Standard.

Nikolay Storonsky said his company was working on a checkout feature and the ability to let its 16m customers to automatically spread the cost of any purchase made using its cards.

Simply a button which you switch on and then your card becomes a buy now pay later product,” Storonsky told the Standard. “Instead of paying upfront everything, you pay a third and then in two weeks time we charge you a third and then another third.”

A spokesperson said the products were in very early development and were likely to be trialled first across some European markets next year.

Approximatively five million Brits have used Buy Now, Pay Later since the start of the pandemic as the size of the UK market quadrupled in 2020 to reach GBP 2.7 billion, according to the FCA

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Mihai Draghici – CEO PayByFace

„Dupa ce oamenii creeaza un cont PayByFace si au adaugat cardul, selfi-ul si PIN-ul, si au avut un pic de curaj sa se duca sa incerce, daca au incercat o data plata prin recunoastere faciala nu mai folosesc altceva (n.r. ca modalitate de plata). 80% dintre ei numai asta folosesc. Le place la nebunie.” 

Afla aici rezultatele in adoptia platii prin recunoastere faciala.


In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?