Installment Payments Just Got Easier for Monzo’s UK Users
Hey Digital Banking Fanatic!
Monzo introduced an update that might impact millions of their British customers. Now, clients will be able to use buy now, pay later when paying with Apple Pay.
The change affects Monzo Flex, letting customers split eligible purchases into three interest-free monthly installments or longer plans with interest over six or 12 months.
Before the update, shoppers had to pay in full with their Monzo Flex credit card and then choose to spread the cost later in their banking app.
Looks like Monzo is working to maintain its leadership in customer satisfaction in the UK.
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