BNPL: reduce time to yes, but at what price?

Time to yes VS Time to no: the match! How to find the right balance? Algoan offers you a guide to practices and key success factors for a deferred or fractional payment process.

" Once offered by traditional banking institutions, deferred or fractional payments are now booming with the rise of e-commerce and the arrival of new players specializing in fractional payments, such as Alma or Pledge in France. But as with consumer credit, these easy payments can quickly become risky and even very complicated to repay. In the Time to Yes race , lenders need to know how to measure risk! While it's crucial that payment paths are smooth, secure and fast, they must also be risk-free. For e-commerce, Open Banking is the watchdog that enables us to strike the best balance between the interests of consumers and those of merchants," says François Gutierrez, Chief Revenue Officer at Algoan.

For the past 3 years, Algoan has been campaigning for more inclusive, fairer and less risky access to credit.

With this white paper, we'd like to highlight the huge opportunity that BNPL is generating for (e)Commerce. A major shift in payments, with Open Banking at the heart of the debate, enabling a better balance between the interests of consumers and those of (e)merchants.

In collaboration with Younited and Sia Partners.