Its API technology can approve businesses for the BNPL in seconds so they can begin offering the installments.
Delivery Hero worked within what you might think of as the hat trick of the e-commerce world — its three-sided marketplace comprised independent and larger restaurants, delivery people and millions of consumers ordering food; and, as an added layer of difficulty, all of them were making calls into and out of a payment system in real time, 24 hours a day, across dozens of markets, currencies, preferred payment methods and so on. By that, he means that it isn’t necessarily initially positioning itself as a point-of-sale provider or payment facilitator; it’s built a platform that will make it easier to integrate and work with any of these by way of APIs, to work more easily with a wider variety of third-party businesses (paying money in and taking it out), freelancers (payouts) and consumers (paying in), and with a wider variety of payment methods depending on the locale in question.