Velera expands BNPL for credit unions

Velera is enhancing its buy now, pay later (BNPL) offerings specifically for credit unions. The company has introduced two new installment payment solutions: Debit Flex Payments for debit card transactions and Apple Pay’s Pay with Installments for credit card purchases. These additions aim to empower credit unions to compete more effectively in the rapidly growing BNPL market, providing consumers with flexible payment options directly through their trusted financial institutions. This strategic move supports credit unions in adapting to evolving consumer financial behaviors.