Amazon and Netflix on installments with Addi? Here’s how it will work

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▤ Summary

Addi integrated with dLocal to bring its buy-now-pay-later financing option to international merchants that charge in Colombia. The rollout will let shoppers split purchases into installments without using a credit card. The article names Amazon, Netflix, Temu, Spotify, Nike, Booking.com, Microsoft, Rappi, Uber, and DiDi as brands that may eventually support the option. It also explains that the new payment method will appear progressively and that customers must review the credit terms, rates, and fees before accepting.

◇ AskAI Classifications

Sectors
Fintech, Banking and Payments Payment Processing General FinTech
Functions
Developer and IT Infrastructure Development Platforms

▦ Linked Companies

dLocal
$500M to $1B
Addi
$100M to $250M