Financial Plus Credit Union Launches Buy Now, Pay Later to Elevate Membership Experience

Members can now access split payments and pay over time 

Financial Plus Credit Union has added Buy Now, Pay Later to its suite of digital banking  services, reinforcing their position as a leader in offering innovative financial tools. 

Financial Plus has selected equipifi to power its split payment solution to members in Michigan. With  this launch, Financial Plus will extend personalized Buy Now, Pay Later offers to members on eligible  debit card transactions. Members will be able to view and accept pre-qualified offers in Financial Plus’ digital banking experience. 

“Financial Plus Credit Union is committed to helping our members reach their highest potential,” said  Brad Bergmooser, President and CEO of Financial Plus Credit Union. “By launching Buy Now, Pay Later with equipifi we’re empowering our members to utilize a personalized budgeting tool in their digital  banking app, providing them with greater financial flexibility.” 

“Buy Now, Pay Later is a financial service that consumers want and are increasingly expecting from their  primary financial institutions,” said Bryce Deeney, CEO and co-founder of equipifi. “By launching this  service, Financial Plus Credit Union is committing to meet their members wherever they need in the  purchasing journey.” 

Financial Plus joins many credit unions that have launched a pre-purchase Buy Now, Pay Later solution  to their members in the US. Buy Now, Pay Later is projected to grow at a compounded annual rate of 25.5 percent between 2022-2026.