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Home Credit taps Open Fabric for merchants’ digital payment solutions

Home Credit Philippines, a consumer finance company, teams up with Open Fabric, a technology company that develop infrastructure for payments and financial services, to launch digital payment solutions for merchants.

Home Credit through Open Fabric soon will make it possible for partner merchants to set Home Credit Qwarta and Home Credit Card as convenient payment methods for customers on their websites.

“Partnership with Open Fabric will help Home Credit to expand reach within the local e-commerce market, support retailers with exclusive products, and offer an easy credit payment experience for our customers,” said Daniel Brodan, head of Digital Credit, Home Credit Philippines.

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“Home Credit’s BNPL products powered by Open Fabric’s fast integration stack will create a seamless online shopping and lending experience for both consumers and merchants,” said Soma Ramasamy, CEO of  Open Fabric.

Merchant benefits

Home Credit’s partner merchants can now reach their business objectives in the digital era by connecting them better with their customers. Open Fabric’s single interface for markets across APAC plug-ins provides a simpler and faster integration process than before for businesses when making Home Credit a payment option on their websites.

These enhanced digital payment solutions aim to contribute to merchants’ profit as it helps attract Home Credit customers with credit to avail their products and offerings. HC installments will also soon be integrated into these payment methods, which shall provide customers fast access to exclusive Home Credit deals and special promos when picking their preferred payment plan, such as the 0% interest installment plans and more.

Perks for shoppers

With the help of Open Fabric, you can now find Home Credit as a payment option in more of their favorite online merchants. From buying gadgets, appliances, and furniture, or just simply doing errands, customers can now experience legitimate, safe transactions in securing applications when shopping online.

A variety of amazing credit and installment plans tailored fit to every Home Credit user will be available when you use Home Credit to pay online.