Paymentology, the leading global issuer-processor, has announced the launch of PayCredit, an advanced credit ledger platform designed to help digital banks and financial institutions deliver tailored, feature-rich credit products faster and more efficiently.
The launch comes as the GCC and Saudi Arabia witness rapid growth in digital banking, driven by Vision 2030's financial sector development program and a growing appetite for flexible credit solutions.
Credit cards remain an essential tool for consumers in managing spending, cash flow, and loyalty programs. However, many legacy systems lack the flexibility required to meet evolving consumer expectations. PayCredit was built from the ground up to address these limitations, offering both revolving and installment credit options, including Buy Now, Pay Later BNPL features that reflect real-world financial behavior.
