Payments

Citi selects ChargeAfter for payment products

Photo: Adobe Stock

February 21, 2024

Citi Retail Services, a retail payments and credit solution provider, selected ChargeAfter for its Citi Pay products, such as credit and Installment loans. With this partnership, online merchants can integrate Citi Pay solutions, including a digital credit card and installment loan into their point-of-sale, according to a press release.

ChargeAfter will offer its Lending Hub to streamline the process of merchant onboarding and integration for bank lending partners. Banks can use this Hug to offer a variety of financing options to merchants.

"We are excited to join forces with Citi Retail Services, leveraging elements of ChargeAfter's Lending Hub to empower and support the Citi Pay family of digital payment products to meet the evolving demands of the merchant community. This collaboration is an affirmation of the capabilities of our Lending Hub for leading payment providers," Meidad Sharon, founder and CEO of ChargeAfter, said in the release. "Our nimble, cutting-edge technology and rapid go-to-market tools for banks position us to support Citi Retail Services in expanding its Citi Pay products and enhance the customer experience at checkout."