.jpg){kind=avatar}
Sezzle works in the buy now, pay later (BNPL) model, meaning it lets customers pay for items in installments over a period of weeks. With the new partnership, Sezzle customers will now be able to connect their financial accounts to Plaid, thus letting them pay more efficiently, the release stated. Processing costs for Sezzle will also be lowered with the partnership, through facilitating user payments via ACH rather than using card networks.
“Plaid’s goal of making money more accessible for everyone aligns with our mission of financially empowering the next generation,” Youakim, Sezzle's Executive Chairman said, according to the release, adding that the company is “excited” to work with Plaid on new products like Sezzle Up for customers.
https://www.pymnts.com/news/partnerships-acquisitions/2020/sezzle-plaid-team-consumer-payments/
