Avarda launches scheduled Swish payments for Buy Now, Pay Later invoices
Swedish consumers can now schedule payment of their Avarda Buy Now, Pay Later invoices through Swish, making it easier to stay on top of upcoming payments.
Avarda, a leading provider of payment solutions for merchants across Europe, today announced the launch of scheduled Swish payments for Buy Now, Pay Later (BNPL) invoices. The new functionality is now available to all merchants using Avarda's payment platform in Sweden, making Avarda one of the first payment providers to offer scheduled Swish payments for BNPL invoices.
This new feature allows consumers to schedule their Swish payment for the invoice as soon as they complete their purchase. Instead of keeping track of due dates or logging in later to make a manual payment, customers can choose the amount and when they want the payment to be settled and have it processed automatically on the selected date.
As one of Sweden's most widely used payment methods, Swish is already a natural part of everyday life for millions of consumers. By extending its use to scheduled BNPL payments, Avarda makes it easier for customers to manage upcoming payments while giving them greater control over their personal finances.
"Our goal is to make managing payments as easy as possible for consumers. With scheduled payments via Swish, customers can decide when they want to pay without having to keep track of due dates themselves. We're proud to be among the first to make this functionality available to merchants across Sweden," says Daniel Ung, Head of Product, Payments at Avarda.
“Avarda has found a creative way to use our automatic payments service to make managing upcoming payments simpler for consumers. It is a great example of how Swish can enable easy, secure and convenient payment experiences,” says Simon Nilsson, Chief Business Officer at Swish.
For merchants, the new functionality contributes to a better post-purchase customer experience while supporting on-time payments. As with all Avarda solutions, the entire payment journey remains within the merchant's own brand environment, creating a consistent customer experience from checkout through to payment.
Scheduled Swish payments for BNPL invoices are available now to all merchants using Avarda's payment platform in Sweden.
For more information, please visit www.avarda.com or contact Avarda's press office.
About Avarda
Avarda Group simplifies how customers across Europe manage their personal finances. We have been listed on Nasdaq Stockholm since 2016. Rooted in our Swedish heritage, we combine a pragmatic and disciplined business mindset, with cutting-edge technology and innovation, always with a strong focus on cost-efficiency and profitability. Our proprietary, scalable platform and infrastructure enable efficient expansion across multiple markets.
We move customers, partners and ourselves forward – towards new opportunities and evolving needs.
Media Contact
Karin Askell
pr@avarda.com
About Swish
Launched in 2012 as a collaboration between Sweden’s largest banks, Swish has become Sweden’s mobile payment service and one of the largest payment solutions in Europe. Swish simplifies everyday life for 8.8 million Swedes and around 300,000 businesses and organizations and has quickly become Sweden’s strongest brand.
Media Contact
Jenny Ragnartz
press@getswish.se