Payments
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March 12, 2025
Arizona Financial Credit Union has introduced Buy Now, Pay later for its more than 170,000 members. It partnered with equipifi to roll out this feature, according to a press release.
The solution will include a pre-purchase feature to give customers extra funds before shopping, along with a post purchase feature to convert debit card transactions into installment loans.
“We’re proud to partner with equipifi to provide our members with an in house BNPL solution that is easy to use, reliable, and fair,” Eric Givens, SVP of research and development at Arizona Financial, said in the release. “We’ve seen the growing use of 3rd-party BNPL from our membership, and we know that launching BNPL is a necessary step toward being a one-stop banking solution for our community.”
“Buy Now, Pay Later is a must-have service for credit unions to stay relevant to their members and for future growth. Because of its popularity, it creates a halo effect on the entire banking experience,” Bryce Deeney, CEO and co-founder of equipifi, said in the release. “By launching BNPL, Arizona Financial is embedding a powerful and highly demanded service within its online banking experience. equipifi is proud to partner with Arizona Financial in expanding consumer access to credit union BNPL in our home state.”
