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New klarna virtual cards for not needing ecommerce implementing financing directly is genius. I guess with nowadays infra as code for financing that makes sense
by tough 5y ago
New klarna virtual cards for not needing ecommerce implementing financing directly is genius. I guess with nowadays infra as code for financing that makes sense in 2022
- toomuchtodo 5y agoAffirm is doing the same [1]. Debit rails are just easier versus the integration schlep. If you're a fintech, you can do all sorts of cool presentation and product offerings using a virtual account attached to a deposit account (BNPL is one, as is a hybrid credit/deposit account). Debit/virtual card also empowers the consumer, as you're not beholden to the merchant or their gateway provider to support a specific fintech integration. [1] https://www.affirm.com/debit https://www.affirm.com/debit
- tough 5y agoOops Affirm is getting burned in the frontpage, what a funny timing. https://news.ycombinator.com/item?id=30959322 https://news.ycombinator.com/item?id=30959322