The news: Citi made its buy now, pay later (BNPL) offering available on its travel booking platform, per PYMNTS.
- Citi Flex Pay is a post-purchase option that breaks a purchase into monthly payments. For Citi Travel purchases, Flex Pay will not charge the usual fees or interest.
- With the latest integration, cardholders will be able to split up their travel purchases of $75 or more into 12 equal payments.
How this can help Citi Travel: Integrating the BNPL option gives consumers a new way to finance their trips. Travel is a popular product category for BNPL: It typically has higher ticket sizes than other retail payments.
