ZOOD Tech is the BNPL As-A-Service Hub of Mastercard in partnership with ZOOD, that provides an end-to-end BNPL technology solution enabling financial institutions, retail providers & more to Launch BNPL with Speed and Scale with Ease. ZOOD Tech is a cloud-native, digital BNPL platform empowering businesses to offer bespoke installment solutions to their customers, both online and in-store.
ZOOD Tech Features
Seamless Digital Onboarding
Seamless digital onboarding featuring KYC & AML checks with proactive fraud prevention ensuring compliance.
Complete Loan Management
Complete loan lifecycle management from loan origination to recovery ensuring efficiency & scale.
Credit Scoring Engine
Delivering real-time credit decisions powered by multi-model transactional & behavioral risk scorecards.
BNPL Card Issuance & Processing
End-to-end BNPL card issuance & processing through MasterCard Processing, enabling scale & adoption
Application White-labeling
Option to launch white-labeled Android or iOS application with complete BNPL functionalities and tailored products
Benefits of ZOOD Tech
Cost & Time Efficiency
Benefit from an economically efficient multi-channel distribution system which helps reduce operational costs.
Mature Tech Platform
Robust credit scoring engine and complete ecommerce infrastructure capabilities.
Compliant Integration
Ability to integrate with different regulatory bodies to ensure local regulatory compliance.
Who Can Benefit
Financial Institutions
Expand lending, reduce acquisition costs, and ensure compliance with scalable BNPL solutions.
Retail Providers
Boost sales, enhance customer loyalty, and stand out with flexible BNPL payment options.
Processors
Streamline BNPL integration, enhancing efficiency, while reducing complexity.