Why choose Sileon?
Your future-proof BNPL Platform for credit cards
Sileon’s SaaS Platform offers BNPL options with the flexibility for consumers to choose when to use it:
- Pre-purchase at checkout
- At transaction by splitting credit card payments into instalments via a bank app
- Post-purchase by converting completed credit card purchases into BNPL products or postponing invoices
For banks and card issuers, this means capturing new demographics and boosting profitability without added risk. The cloud-based Platform integrates seamlessly into existing systems, is fully tokenised, and keeps customer interactions and data within your core business.
What’s your annual BNPL revenue?
Fill out the form and find out
Whether you’re a bank looking to add BNPL to your cards or a fintech exploring BNPL potential, Sileon’s BNPL ROI calculator helps you make informed decisions.
Just enter your card numbers to estimate yearly transactions, BNPL plans, and revenue.
Want to know more about the BNPL ROI specifics for your card business?
Use case
Credit card-linked Pay Later
Sileon’s global BNPL SaaS Platform provides all the necessary capabilities for a credit card-linked BNPL offering, allowing you to improve profitability and customer satisfaction.
In this use case demo, we’ll take a closer look at the actions performed by Sileon’s BNPL SaaS Platform when an end user decides to convert a completed purchase made by a credit card into a 6 month instalment plan.
Go fast to market and scale your business
With Sileon, you can launch fully fledged credit card-linked BNPL in 6 weeks and easily scale to new BNPL products like debit or co-branded cards by adding solution modules. This flexible, compliant, and secure SaaS product is perfect for those looking to enter the booming BNPL market quickly.
Capabilities and functions
The Platform’s capabilities include:
- Purchase and Refund Management: Manage purchases, refunds, line items, and discounts.
- Account Management: Create and manage accounts, handle deposits, fees, interest, and enable users to opt-out of instalment plans. Includes ledger functionality.
- BNPL Product Management: Quickly create and customize BNPL products like instalments, direct invoicing, and revolving credit.
- Data Access Management: Securely handle data with full ownership of business transactions.
- Identity and Access Management: Manage user access, invitations, and client configurations for enhanced security.
Add BNPL to your debit card base
Solutions modules for extra flexibility
With the BNPL SaaS Platform for credit cards in place, you can easily scale your business further by adding BNPL to your debit card base.
Scaling with new BNPL products is possible through Sileon’s Solution modules. These Solution modules are elective components and can easily be added or removed depending on your needs and preferences.
Frequently asked questions about credit card-linked BNPL
What is BNPL with a credit card?
BNPL with a credit card, i.e., credit card-linked BNPL, means embedding Buy Now Pay Later options to credit cards, enabling end users to convert completed purchases into instalment plans. By integrating Sileon’s BNPL SaaS Platform with your credit card business, you can immediately enlarge your credit profits with BNPL fees for arrangement, administration, penalty, and interest.
Why should you offer BNPL to your credit customers?
Adding a B2B or B2C BNPL offering to credit customers allows banks, card issuers and fintechs to meet the immense consumer preference for adopting BNPL plans over traditional payment methods. Embedding Sileon’s BNPL tech to credit cards thus enables you to stay relevant and attract the younger generations while dramatically increasing your revenue.
How do you align the billing cycle of the BNPL products with the billing cycles of my card base?
With Sileon’s versatile BNPL SaaS Platform, you have the opportunity to choose the length of the billing cycle, due date and grace period. This means you have everything you need to swiftly add BNPL features to your revolving credit products.
What is BNPL SaaS?
BNPL SaaS stands for Buy Now Pay Later, offered as a Software as a Service. Essentially it means that businesses don’t have to build their own BNPL Platform but can still offer BNPL to their customers through a cloud-based software program that runs directly through the web. Sileon provides a high-end and flexible BNPL SaaS Platform and Solution modules designed to handle large transaction volumes.