The fast rise of POS credit ? how banks and credit unions can use their credit cards to offer point of sale financing? without touching the POS terminal

• Jun 17, 2019
• By Anand Janefalkar

When the first credit cards gained popularity, they fundamentally disrupted the payments ecosystem ? they enabled consumers to afford high-price products and services. Fast-forward to 2019 and the logic behind credit cards hasn?t changed much, but the way we shop and pay has. Here, Mehmet Sezgin, CEO and Founder of myGini, explains how modern mobile technology now enables banks and credit unions to tap into popular point of sale credit options, empower customers to stay in control of their cash flow and unlock a superior payment experience. We increasingly use smartphones to pay contactless, apps to collect rewards and now use new and fast-growing short-term credit finance at the point of sale ? and not...

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