05 November 2021

Virgin Money to launch buy now, pay later offering 

Written By FinTech Alliance

Virgin Money to launch buy now, pay later offering 

As buy now, pay later businesses gain traction, banks are looking to offer this option – and Virgin Money is no exception. 

In Brief:

Virgin Money will develop a digital wallet with Global Payments. 

CEO David Duffy announced the move in a recent trading update. 

The digital wallet will offer the opportunity to pay in installments. 

What does this mean?

Virgin Money has been developing a partnership-heavy, digital led approach for some time now and offering a buy now, pay later service through a digital wallet is the next step for this. 

Read more here. 

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