Synchrony Moves Into Bnpl Space With Fiserv Clover 〈FRESH〉
: BNPL options are linked to a >10% increase in average basket size and higher purchase likelihood.
Synchrony has partnered with Fiserv to integrate its product, Synchrony SetPay , directly into the Clover point-of-sale (POS) system . This collaboration allows small businesses to offer flexible payment options without needing separate hardware. Merchant Integration Steps Synchrony moves into BNPL space with Fiserv Clover
: The "SetPay pay in 4" option is typically targeted for purchases between $40 and $500 . : BNPL options are linked to a >10%
: In addition to BNPL, the app supports Synchrony's private-label credit cards and longer-term installment loans for up to 84 months. Synchrony moves into BNPL space with Fiserv Clover
: Use the provided instruction guide within the app to register your Clover device and link it to your Synchrony merchant account.