Marqeta has launched Marqeta Flex, a groundbreaking Buy Now, Pay Later (BNPL) solution designed to be seamlessly integrated into payment apps and wallets. Unveiled at Money 2020, this innovative platform allows consumers to access personalized BNPL options in real-time during their payment process. Developed in collaboration with industry leaders Klarna and Affirm, as well as payments platform Branch, Marqeta Flex aims to enhance the consumer payment experience by surfacing BNPL options precisely when they are needed. This solution is particularly beneficial for W-2 and 1099 workers who will be able to utilize tailored BNPL loan options through Branch's payments app. The benefits extend to payment providers and card issuers, as Marqeta Flex broadens BNPL distribution, increases transaction volumes, and offers a variety of global BNPL providers through a single integration. By simplifying access to flexible payment methods, Marqeta Flex is set to redefine how consumers engage with BNPL solutions.
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