Tymit: Instalments as a better form of borrowing to help economic recovery from Covid-19.

信用卡提供了一种安全、受保护的方式来支付商品和服务，持卡人可以按照适合自己的时间表还款。然而，传统的循环信贷在利息方面可能非常不透明，用户可能会发现自己处于持续的债务中，因为每次只支付最低月供。事实证明，分期付款信贷很受消费者和监管机构的欢迎，因为用户有一个明确的还款时间表，并且可以清楚地知道特定购买的利息是多少。新冠肺炎疫情严重影响了英国整体经济，并影响了许多个人的财务状况，因为超过四分之一的工人受到了休假和裁员的影响。虽然对大多数人来说这是一项临时措施，但这已经影响了消费者信心，因此随着国家摆脱封锁，许多行业仍在遭受影响。我们的目标是开发和提供一种广泛的分期付款信贷产品，为用户提供灵活、透明的分期付款选项，这些选项可以在我们的应用程序中进行更改和查看。tymit开发了一款支持金融科技应用程序的信用卡，可以促进分期付款。我们的通知系统允许用户在购买后选择分期付款计划并修改条款，同时始终知道一件商品将花费他们多少钱，包括利息，查看支出分析，将购买捆绑到特定的分期付款计划中，以及评估负担能力的模拟器功能。Tymit可以在英国和商人不可知论。Klarna、Zip和Openpay等分期付款信用卡功能是针对特定商家的，需要与他们的电子商务系统进行漫长的整合，而Tymit则是一种适用于任何接受VISA的地方的信用卡。我们将进行关键技术开发，将我们的系统整合到更大的VISA生态系统中，并开发移动设备支付集成，以扩大我们的覆盖范围和竞争力。除了我们的金融科技目标之外，重要的是我们寻求以一种促进我们业务内部和更广泛视角的环境可持续性的方式来发展和管理我们的运营。我们将制定和实施一系列不同的战略，通过开发完全无纸化的系统，扩大木制/金属信用卡的范围，并建立功能，使慈善捐赠的大笔购买能够达到零头（消费者可以选择加入或退出），从而在我们的核心业务中发展可持续性。

Credit cards provide a secure and protected way to pay for goods and services, with card holders able to repay at a schedule that suits them. However, traditional revolving credit can be very opaque in terms of interest and users can find themselves in persistent debt due to just paying the minimum monthly payment each time. Instalment credit is proving popular with consumers and regulators as the user has a clear timeline to pay off the product and can be clear how much interest is charged to that particular purchase.Covid-19 has severely impacted the UK economy as a whole and impacted many individuals personal finances due to furlough and redundancy affecting more than one in four workers. Whilst a temporary measure for the majority this has impacted consumer confidence and thus many sectors are still suffering as the country emerges from lockdown. We aim to develop and provide a wide reaching instalment credit product that provides users with flexible, transparent instalment options that can be changed and viewed within our app.Tymit have developed a Fintech app enabled credit card that facilitates instalment payments. Our notification enabled system allows users to select their instalment plan after purchase and modify terms whilst always knowing how much an item will cost them including interest, view spend analytics, bundle purchases into a specific instalment plan and a simulator function to assess affordability.Tymit is available in the UK and merchant agnostic. Where instalment credit functions such as Klarna, Zip and Openpay are specific to certain merchants and require lengthy integration with their e-commerce systems, Tymit works as a credit card suitable for anywhere that accepts VISA. We will undertake key technical development to integrate our system within the larger VISA ecosystem and develop mobile device payment integration to increase our reach and competitiveness.In addition to our Fintech aims it is important that we seek to grow and manage our operations in a way that promotes environmental sustainability within our business and in the wider perspective. We will scope and action a number of different strategies that develop sustainability within our core business by developing fully paperless systems, scoping wooden/metal credit cards and building functionality to enable rounding up of pennies on large purchases for charity donations (opt in or out for consumers).