Mobile enabled installment credit card Tymit has partnered with Modulr.
In Brief:
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Tymit aims to offer customers more flexible, safer and fairer access to credit.
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Modulr will be powering real-time payments to credit card customers.
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It will use Modulr’s direct access to Faster Payments.
What does this mean?
In partnering with payments-as-a-service (PaaS) API platform Modulr, Tymit says it hopes to support those whose finances have been put under pressure by the Covid-19 pandemic, helping them keep on top of bills and other financial issues over the coming months. It hopes to improve financial health and the issues like mental health that go with it.
Read more here.
