Manchester-based Pollenpay has launched as the UK’s latest buy now, pay later business.
In Brief:
Pollenpay enables customers to pay for items over a number of instalments.
The mobile app is now live and has been downloaded over 1000 times.
It has 250 merchants across its platform.
What does this mean?
CEO Leon Wilson says the new business not only wants to give people another flexible payment option, but also aims to offer a “more responsible approach” to BNPL transactions. The business aims to use strong KYC checks and promote financial responsibility among users to avoid debt and defaults.
