Barclaycard launched a new online financial product called bFlex on Friday, a press release for the company revealed. bFlex can be integrated into a retail point of sale (POS) and will allow customers to select a repayment term for purchases.
Repayment terms can be tailored to the needs of the buyer and can be set on a monthly basis, Barclaycard said. It said the product will give consumers greater confidence when making real-time purchases.
For more on bFlex, read the full press release here.