ST. PETERSBURG, FL, October 03, 2024 /24-7PressRelease/ -- ROONYX, a leading technology company specializing in BNLP solutions, is thrilled to announce the launch of its cutting-edge Buy Now, Pay Later (BNPL) platform. By partnering with financial institutions, ROONYX offers businesses a powerful solution to tap into the rapidly growing demand for flexible financial services. As BNPL becomes an increasingly popular option for consumers seeking alternative payment solutions, its relevance in today's uncertain economic climate is more significant than ever. Research highlights the growing appeal of BNPL services across global markets.

Contrary to early concerns that regulatory oversight might slow the growth of BNPL, the involvement of financial institutions and government bodies has enhanced consumer trust. This shift is fostering greater adoption of BNPL, expanding its user base, and solidifying its reputation as a secure financial tool. Increased market confidence is driving growth in the sector.

In parallel, competition in the BNPL space has intensified. Today's providers must not only differentiate themselves but also foster long-term customer loyalty. While some view BNPL as a short-term financing option, the full potential of this tool lies in its ability to accompany customers throughout their purchasing journey.

In response to these industry dynamics, ROONYX is launching a BNPL platform that enables businesses to swiftly enter the market with a comprehensive, ready-made solution. Our platform is designed to go beyond simple deferred payments, offering an advanced suite of tools that enhance both user and business experiences.

Key Features and Benefits of the ROONYX BNPL Platform:

- Seamless Integration and Customization: Our platform integrates effortlessly with your company's existing systems, including accounting software, credit scoring models, and financial partnerships. This ensures a quick and smooth setup, minimizing adaptation costs.
- Full Branding Freedom: The white-label platform allows full customization of every detail—from the mobile app to the user interface—so businesses can maintain control over their brand identity and customer experience.
- Enhanced Customer Experience: Customizable installment terms make purchases more attractive to customers, driving greater loyalty. Retailers benefit from higher conversion rates and larger average order values.
- Ready-to-Launch Solution: Our platform can be launched within a matter of weeks, enabling businesses to quickly enter the BNPL market without lengthy development timelines.
- Support for Credit Organizations and Merchants: The platform fosters new revenue streams by facilitating partnerships with credit organizations and retailers. This collaboration drives new customer acquisition, increased transaction volumes, and valuable consumer insights.
- Scalability and Innovation: Built on advanced technologies, our platform offers seamless scalability. This ensures business growth while keeping pace with technological innovation.

ROONYX's Vision for the Future of BNPL

The continued growth in repeat usage of BNPL reflects high levels of consumer satisfaction, with over a third of users turning to BNPL monthly or more frequently. "My latest research indicates that 85% of users plan to continue using these services, underscoring the long-term potential of BNPL as an integral part of modern financial life", said Vladimir Drogan – the visionary Founder & CEO of ROONYX.

Furthermore, BNPL is evolving beyond its original purpose of deferred payments at checkout. Today, these services are expanding to include loyalty programs, alternative credit systems, and personal budget management tools, transforming the role of BNPL in the consumer experience.

With the launch of our innovative BNPL platform, businesses can seize this moment to offer flexible, forward-thinking technical solutions that meet the evolving needs of their customers.

About ROONYX
ROONYX is a leading fintech IT company, built on a foundation of innovation. The company is dedicated to creating a positive impact through technology. ROONYX's core objective is to push the boundaries of what's possible in the IT realm, developing cutting-edge solutions that address the evolving needs of businesses and individuals alike.

Related Link:
https://www.roonyx.tech

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