Breaking News
Mambu’s Simon Hammerschmidt On The Start Of A New Form Of Payment
Simon Hammerschmidt, Global Head of Strategic Partnerships at Mambu talks to FF News about the recent developments in the payments ecosystem with buy now pay later; and whether or not a new form of payment could lie on the horizon.
I think it’s the ease of access. It’s a kind of seamless process at the point of sale, whether you’re doing it from that e-commerce point of view or even at the till. I think it was also the element that it’s either low or zero interest. So, it’s just a way of spreading your purchase over a slightly longer period and therefore increasing wallet spend.”
“I know certainly with my kids they are more tempted to buy a slightly larger purchase. My daughter’s just got her first job. She’s happier to buy that handbag or that pair of shoes if she can just split that over 4 easy payments and it doesn’t actually cost her any more to do it.”
People In This Post
Companies In This Post
- Lüt Announces Strategic Partnership with Safe Harbor to Expand Access to Compliant Closed-Loop Payments for Cannabis and Specialty Merchants Read more
- Figure Partners with moomoo and Keplr to Expand Global Access to the On-chain Public Equity Network (OPEN) Read more
- OneDome Raises $25M Pre-Series C, Bringing Total Funding to $40M Read more
- intelliflo and Söderberg & Partners Form Strategic Partnership to Drive Adviser Efficiency Read more
- Axiology Secures €5 Million Seed Funding to Accelerate the Modernisation of Europe’s Capital Markets Read more

