Welcome to Rupifi Developer Portal
Rupifi BNPL
B2B BNPL is a type of short-term credit offered to Merchant when they buy a product or service from their Anchor. The lender pays the supplier in advance, and the loan is typically repaid by the customer in 15-60 days. The Anchor usually bears the interest for that duration or in some case (depending upon the agreement) customer themselves have to bear the rate of interest.
BNPL, unlike traditional financing, uses an array of data and the latest technology to enable real-time credit over digital journeys. This model connects three key players in a product's life cycle: the Anchor who wants to reach as many merchants as possible, the merchants who want to buy goods/services on credit, and a lender who wants to offer low-risk credit and gain a customer. Partnerships between Lenders and Suppliers are critical in creating a smooth and successful checkout journey.
Anchor: Brand, Distributor, Aggregator platform, digital B2B Marketplace, Seller Merchant: Borrower, Customer, Retailer
BNPL Flow
To provide seamless "Buy Now, Pay Later" user experience to the users, it is recommended that marketplaces integrate with Rupifi BNPL APIs. The flow below shows the high-level view of the journey of a user when he/she opts for Rupifi BNPL as a payment method during checkout (when a marketplace is integrated with Rupifi BNPL APIs)
