Payflex has launched its new Pay in 3 payment feature which allows consumers to divide their purchases into three interest-free monthly payments. CEO Bruce McIntosh stated that the feature was developed in response to evolving market demands and the need for more flexible repayment options. Initially offering a single payment term, Payflex recognised the necessity for additional repayment plans as customer needs became more complex. The new feature is anticipated to benefit both consumers and merchants by encouraging more purchases and will be rolled out gradually across all merchants
