BNPL: As Told By Credit UnionS
Innovation, Community, and Growth with BNPL
Why do credit unions invest in Buy Now, Pay Later? Join Eric Givens (Arizona Financial), Tansley Stearns (Community Financial CU), and Jessica Hernandez (Generations FCU) as they share with host John San Filippo (Finopotamus) how their financial institutions have strategically leveraged BNPL to innovate, serve their community, and grow. Listen to three credit unions and their unique use cases on the #InsightsInno2024 panel, Innovation, Community, and Growth with BNPL.
CASE STUDY
Members prefer credit union BNPL.
PYMNTS research found that 70% of consumers surveyed report preferring receiving BNPL from their financial institutions rather than from third-party fintech providers. ACU of Texas discovered that this was true. Within three months of launching, ACU of Texas' BNPL saw its members use its BNPL more than they used all 3rd-party BNPL providers combined.
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Want to learn more? Let's chat!
We're happy to answer your questions, connect you with our panelists, and show you how BNPL can look like for your credit union.