back Back

FreedomPay & Citi partner to offer payments choice at checkout

By Delisha Fernandes

December 11, 2023

  • Citi Pay
  • Citi Retail Services
  • Credit Card
Share

Citi Bank, Citi Global Wealth, Citi Global Markets, Citi Private Banks, Singapore, Thailand, HongKong, Credit Card, Digital banking, Card Management, Premium card, Selected applications, HSBC Bank, ChinaFreedomPay, a payments platform has collaborated with Citi Retail Services, to enable Citi Pay products at the point of purchase for interested merchants.

This collaboration provides consumers with flexibility in selecting their preferred lending solutions at the point-of-sale, further enhancing their shopping experience.

“We are excited to work with Citi Retail Services to offer Citi Pay products, giving consumers the ability to make personalized choices when it comes to their lending solutions,” said Chris Kronenthal, President at FreedomPay. “Our collaboration underscores our dedication to providing cutting-edge commerce technology that empowers consumers and merchants, ultimately improving the overall shopping experience.”

The collaboration sets the stage for a new era of choice and flexibility in point-of-sale lending, where consumers can be in control of their financial decisions, and merchants can offer a broader range of ways to pay including a digital-only credit card and monthly installment loan to meet their customers’ needs.

“Our collaboration with FreedomPay enables us to seamlessly integrate Citi Pay Credit and Citi Pay Installment Loan into merchants’ checkout experiences, making it easier for merchants of any size or scale to bring new payment options and more choice to their customers,” said Terry O’Neil, Head of Connected Commerce and Strategic Growth for Citi Retail Services. “We look forward to the opportunities the relationship will continue to unlock as we scale our embedded digital payment products over the coming months and years.”

Citi Pay products can help inform customer purchase decisions by giving them the flexibility to finance purchases based on what works best for their budgets. By joining forces with FreedomPay, Citi Retail Services aims to expand the reach of its Citi Pay products and provide convenient digital payment products to a new cohort of merchants and customers.

Previous Article

December 11, 2023

HitPay expands payment network in Singapore, Malaysia, and the Philippines

Read More
Next Article

December 11, 2023

Ayekart Fintech and ACCESS Development Services to bolster Agricultural Output Markets

Read More









IBSi Daily News Analysis

Middle East, Egypt

January 16, 2024

Citi Pay

Egypt among top remittance recipient countries in 2023: World Bank

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Storfund & Mangopay to ease cash flow for marketplace sellers

Read More

Today

Revolut teams with Jabil to scale development of mobile payment solutions

Read More

Today

Worldline partners with Google to enhance cloud-based innovation

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023