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March 23 2023

Mambu’s Simon Hammerschmidt On The Start Of A New Form Of Payment

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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.”

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Simon Hammerschdmit

Simon Hammerschmidt

Mambu

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Mambu | Fintech Finance

Mambu
  1. The CRO’s Role: Balancing Resilient Operations with Frictionless Customer Experiences

    Thought Leadership

     Read more
  2. Performativ Raises $14m Series A Led by Large European Financial Infrastructure Provider

    Funding

     Read more
  3. Temenos Named a Leader in Digital Banking Engagement Platforms

    Fintech

     Read more
  4. Mehrwerk Partners With bolttech to Expand Embedded Services and Insurance Offerings in Germany and Beyond

    Insurtech

     Read more
  5. Synpulse and 360F Launch Whitepaper on the Future of Insurance Product Development Powered by Agentic AI

    Insurtech

     Read more
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