Tymit has established a strategic partnership with Visa to accelerate the adoption of installment credit among major financial institutions and merchants in the UK and Europe. This partnership aims to enable banks and merchants to offer co-branded and white label installment credit schemes powered by Tymit.

As one of the pioneering installment credit card services, Tymit offers installment plans for popular merchants like Frasers Group with Frasers Plus. Building on this success, the company is now focusing on providing its ability to enable white-label and co-branded installment credit programs to major financial institutions and merchants.

“Our partnership with Visa signifies a significant milestone as we empower financial institutions and merchants to swiftly and cost-effectively bring installment credit solutions to market,”

“With our proven track record and expertise in installment credit, we are poised to meet the needs of the industry by offering innovative co-branded installment credit cards and white-labeled installment credit programs.”

Martin Magnone, CEO and Co-founder of Tymit.

Tymit’s installment credit solutions provide an attractive alternative to traditional credit cards and BNPL programs, specifically designed to address the ever-changing payment challenges faced by merchants and consumers.

By partnering with Tymit, financial institutions and merchants gain access to technology and expertise, allowing them to create co-branded credit card programs with installment options.

This strategic move positions Tymit as a viable option for merchants looking for traditional credit card programs while offering the added advantage of buy now, pay later (BNPL).