ID Finance launches BNPL debit card

ID Finance is launching a new BNPL-integrated debit card called Turrón by Plazo. While this initial rollout targets the Spanish and Mexican markets, it represents a growing global shift in how your customers access credit. Instead of applying for financing at your checkout counter, customers are increasingly bringing their own 'pre-approved' financing via specialized debit cards. This tool allows shoppers to split both online and in-store purchases into installments. For retailers, this means you get paid upfront without the friction of a traditional credit application at the point of sale. These 'BYO-Financing' tools are becoming a standard part of the consumer wallet. They help bridge the gap for customers who may not have traditional credit cards but want the flexibility of monthly payments. If you operate internationally or serve a diverse demographic, this highlights the need to ensure your payment terminals are ready for modern fintech cards. It also shows that the demand for Buy Now, Pay Later isn't slowing down; it's just moving from the merchant's website directly into the customer's pocket.

Source: Finextra — Lending

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