BNPL from PragmaGO in Comfino payment gateway

The service offered by PragmaGO as part of the Comfino payment gateway gives businesses great flexibility – includes purchase financing of up to PLN 100,000. The customer has the option of deferring payment for a period of 14 to 60 days. An advantage for buyers is also the lack of unnecessary paperwork – the contract is signed via SMS, 100% online.

– We are very pleased with the partnership entered into with PragmaGO. Deferred payments for business customers is an innovative solution that provides a number of benefits to both buyers and sellers. More available options for financing purchases means, consequently, higher conversion and higher basket value for stores – says Pawel Szukalski, member of the Comperia.pl SA management board, responsible for the Comfino implementation.– On the other hand, adapting payment through Comfino gateway to stationary outlets allows entrepreneurs to take advantage of BNPL method at checkout in the store – notes Pawel Szukalski.

BNPL is a solution that protects buyers from price fluctuations in the market resulting, for example, from the seasonality of certain products. Entrepreneurs taking advantage of deferred payment can buy goods when prices are most favorable, even if they are just short of funds.

– Deferred payments in “business-to-business” purchases may soon completely replace the trade credit used by vendors until now. They are safer than credit because the stores do not take on the financial risk. They get funds from an intermediary institution in the whole process, in this case PragmaGO – emphasizes Pawel Szukalski of Comfino.

– We believe that entrepreneurs deserve the same convenient and easily accessible financing as consumers do – without the complicated and lengthy processes they face, for example, when trying to obtain financing from banks. Establishing cooperation with Comfino allows us to create synergies and reach tens of thousands of small entrepreneurs pursuing both online and offline activities with our financing offer – adds Danuta Czapeczko, Vice President of PragmaGO