- Cashflows has partnered with Raimac Financial Technology to introduce programmable payments, offering options like BNPL and pay-on-delivery.
- The integration will enhance customer experience while helping merchants provide tailored payment solutions for diverse needs.
What happened
Cashflows, a leading payment platform in the UK, has announced its partnership with Raimac Financial Technology to bring programmable payments to businesses. This collaboration positions Cashflows as one of the first in the region to adopt Raimac’s advanced payment technology, which focuses on customisable options for customers.
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With this integration, Cashflows will expand its offerings to include flexible payment methods such as Buy-Now, Pay-Later (BNPL), pay-on-delivery, and pay-in-instalments. These innovations are aimed at simplifying how businesses handle transactions, particularly for high-value items or services requiring tailored payment terms. The rollout of these features is already underway, with merchants expected to adopt the new capabilities soon.
Why this is important
This partnership represents a significant shift in how payments are managed, allowing businesses to cater to diverse customer preferences while simplifying operations. For merchants, the integration of Raimac’s programmable payment technology provides a competitive edge, enabling them to offer greater flexibility and convenience to their customers.
By implementing options such as BNPL and pay-per-use, businesses can appeal to a broader audience, particularly those seeking alternative payment solutions. This approach not only enhances customer satisfaction but also boosts merchant sales potential by reducing barriers to purchase. As payment technologies evolve, partnerships like this demonstrate how innovation can redefine industry standards, paving the way for more personalised and user-centric financial solutions.