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和受保护的方式来支付商品和服务，持卡人能够按照适合他们的时间表还款。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陷入持续的债务，因为每次只需支付最低月供。事实证明，即时信贷受到消费者和监管机构的欢迎，因为用户有明确的时间轴来偿还产品，并且可以清楚地知道对该特定购买收取多少利息。新冠肺炎严重影响了英国整体经济，并影响了许多个人的个人财务，因为休假和裁员影响了超过四分之一的工人。虽然对大多数人来说这是一项临时措施，但这影响了消费者信心，因此随着国家从封锁中恢复，许多行业仍在遭受损失。我们的目标是开发和提供一个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，可以在我们的应用程序中更改和查看。Tymit已经开发了一个金融科技应用程序支持的信用卡，方便分期付款。我们的通知功能系统允许用户在购买后选择分期付款计划并修改条款，同时始终了解商品的价格，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在英国可用，与商家无关。在分期付款信用功能，如Klarna，Zip和Openpay是特定于某些商家，并需要与他们的电子商务系统进行长期集成，Tymit作为一个信用卡适用于任何接受VISA的地方。我们将进行关键的技术开发，将我们的系统整合到更大的VISA生态系统中，并开发移动终端支付集成，以提高我们的覆盖范围和竞争力。除了我们的金融科技目标外，我们还必须寻求在业务范围内和更广泛的角度促进环境可持续性的方式来发展和管理我们的业务。我们将在核心业务范围内制定和实施多项不同的可持续发展战略，包括开发完全无纸化的系统、开发木制/金属信用卡，以及建立功能，以便在慈善捐款的大额采购中实现小额融资（消费者可选择加入或退出）。

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).