‹Product enhancement›
Way4 has provided one more option for the configuration of instalment schedules. Now, issuers can define the frequency of repayments as a number of weeks. A weekly or fortnightly repayment is typical for BNPL purchases that require a fast payback within a month or two.
This enhancement is available to our clients using the Instalment Management options of Way4 Issuing. While it primarily benefits issuers that offer virtual cards for one-time BNPL purchases, it can also be used for any other instalment products in Way4.
