Tap Now, Pay Later™ for Apple Pay is Jifiti’s white-labeled embedded lending solution that allows banks and lenders to deploy their consumer and business loans directly into Apple Pay. Built on Jifiti’s proprietary virtual card technology, this solution enables customers to use their approved loan funds to make purchases via Apple Pay—online, in-store, or in-app—just like a regular credit card transaction. With zero integration required and rapid deployment, it offers a seamless way to convert approved loans into spending power.

Features

• Virtual Card Issuance: Customers are issued a virtual card linked to their loan program immediately upon approval.
• Web-Based Wallet Provisioning: Customers can add the virtual card to Apple Wallet directly from the web—no app download needed.
• Customized Fund Release: Each transaction is validated in real time against the customer’s loan terms.
• Zero Integration: No technical integration required with the merchant’s systems.
• White-Labeled: Fully branded for the bank or lender.
• Omnichannel Compatibility: Works across all Apple Pay-supported environments—online, in-store, in-app.
• Supports All Loan Types: Compatible with both B2C and B2B financing.
• Merchant Controls: Can be configured for use only at specific stores or brands.
• Security: Built-in safety measures and compliance with payment standards.
• Quick Time to Market: Go live within hours using Jifiti’s infrastructure.

Benefits

• Boost Credit Utilization: Convert more approved loans into actual spending.
• Increase Application Rates: Offer customers their preferred payment method.
• Expand Market Reach: Tap into Apple Pay’s 500+ million global users and 350 million BNPL users.
• Frictionless Experience: No disruption to merchant operations or cashier workflows.
• Brand Control: Maintain full ownership of the customer experience and branding.
• Operational Simplicity: No reconciliation needed for merchants—treated like a regular card transaction.
• Scalable Deployment: Easily extend across geographies and merchant networks.