Sezzle unveils new virtual card powered by Marqeta

Instalment payments platform Sezzle has released its virtual card for shoppers, enabling customers to pay using interest-free instalments both in-store and online.

The Sezzle Virtual Card, which is powered by Marqeta, allows physical stores that already support Apple Pay and Google Pay to offer Sezzle’s buy now, pay later solution to their customers.

Merchants are said to be able to sign up and get the scheme rolling within hours.

“As traditional, in-store retail re-emerges, it’s critical that we support our merchant partners by giving them new tools to jump-start sales, both online and in-store,” said Killian Brackey, co-founder and CTO at Sezzle. “As a proven solution for driving incremental sales and new customer growth, we are thrilled to publicly announce an easy way for US retailers to offer buy now, pay later in store.”

Sezzle raised $55m in a post-IPO round in July.

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