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BNPL Platform Development

Buy now, pay later platforms: checkout integration, instant decisions, instalment plans, merchant settlement and collections.

Payment · pay_8F2k
Illustrative
  1. Client
  2. API
  3. Identity & KYC
  4. Risk & compliance
  5. Payment gateway
  6. Ledger
  7. Settlement

Journal entry · balanced

AccountDebitCredit
Customer funds120.00—
Merchant payable—118.20
Fee revenue—1.80
Bank rails Cards Wallets Payouts

Overview

Buy now, pay later combines checkout, instant credit and instalment servicing. We build BNPL platforms with merchant checkout integrations, instant eligibility and credit checks, flexible instalment plans, merchant settlement, borrower apps and collections — designed to support responsible lending requirements defined by your compliance team.

Common use cases

  • Merchant BNPLInstalments offered at online and in-store checkout.
  • B2B BNPLNet terms and instalments for business buyers.
  • Bank BNPLInstalment options on existing card transactions.
  • Vertical BNPLInstalments for travel, education or healthcare.

Quick answers

BNPL Platform Development at a glance

The essentials in brief. Every project is scoped individually — ask us for specifics.

What is BNPL platform development?
Buy now, pay later platforms: checkout integration, instant decisions, instalment plans, merchant settlement and collections.
Who is it for?
Typically neobanks, payment companies, lenders, wealth platforms and financial institutions building or modernising customer-facing and back-office systems.
What does Shivacha provide?
  • Checkout integration
  • Instant decisioning
  • Plan configuration
  • Merchant settlement
  • Borrower app
  • Collections
Which technologies are used?
Double-Entry Ledgers, Python, Java, PostgreSQL, Apache Kafka, Open Banking APIs — chosen to fit your stack and constraints.
How does the process work?
Product definition → Data & decisioning → Origination journey → Servicing & collections → Reporting.
What affects the cost?
  • Banking, card, payment and KYC partners to integrate
  • Ledger and reconciliation complexity
  • Number of currencies, countries and payment rails
  • Compliance, reporting and audit requirements
  • Mobile, web and back-office scope
  • Availability and disaster-recovery targets
How long does it take?
A regulated-market MVP usually takes 4–7 months including partner integrations; extensions to an existing platform can ship in weeks.
How do I get started?
Share a short brief in the form below, book a 30-minute call or message us on WhatsApp. A senior engineer replies within one business day; NDA on request.

Capabilities

What we deliver

Checkout integration

Plugins, SDKs and APIs for merchants.

Instant decisioning

Real-time eligibility and limits.

Plan configuration

Pay-in-N, longer instalments and interest-free plans.

Merchant settlement

Upfront settlement net of fees.

Borrower app

Plan management and repayments.

Collections

Reminders and delinquency handling.

Architecture

Engineered right from day one

The layers we typically design for lending & credit platforms, adapted to your stack and partners.

  • Configurable policyCredit rules versioned and editable by risk teams, with full decision audit.
  • Explainable decisionsReason codes for every decision to support fair-lending obligations.
  • Accurate accrualDay-count conventions, interest methods and edge cases handled precisely.
  • Funding flexibilitySupport for balance-sheet, partner-bank and marketplace funding models.
Lending & Credit Platforms · reference architecture
5Channels
Borrower appPartner / embeddedBroker portalOps console
4Origination
ApplicationKYCDocument captureOffers
3Decisioning
Credit policy engineBureau & data integrationsScoring models
2Servicing
SchedulesRepaymentsRestructuringCollections
1Accounting
Loan ledgerInterest accrualFeesReporting

Delivery

How an engagement runs

  1. 1

    Product definition

    Loan products, pricing, eligibility and credit policy with your credit team.

  2. 2

    Data & decisioning

    Bureau, bank data and alternative data integrations; rules and scoring.

  3. 3

    Origination journey

    Digital application, document capture and offer acceptance.

  4. 4

    Servicing & collections

    Repayment schedules, payment integration, delinquency workflows.

  5. 5

    Reporting

    Portfolio analytics, investor and regulatory reporting data feeds.

Security

Security built into delivery

Controls we apply by default on this kind of work — not a separate phase at the end.

Ledger integrity

Double-entry, immutable journals and daily reconciliation against partners.

Idempotent money movement

Every payment operation safe to retry, with no double-spend.

Access control

Maker-checker approvals, least privilege and full audit logging.

Data protection

Encryption in transit and at rest, tokenised card data and PCI-aware architecture.

Dedicated team

FinTech Engineering Team

Engineers experienced in ledgers, money movement and financial partner integrations.

FAQ

Frequently asked questions

How does a BNPL provider earn revenue?

Commonly through merchant fees, and sometimes interest or late fees depending on product and regulation.

Is BNPL regulated?

Increasingly yes in many markets; requirements vary, so the regulatory approach should be defined with legal advisors.

Do you provide credit models?

We build and integrate credit scoring models and decision engines. The credit policy and risk appetite remain yours; we implement them transparently and auditable.

Can the platform support multiple loan products?

Yes. Products are defined by configuration — terms, pricing, schedules, fees — so new products do not require new code.

Next step

Discuss Your FinTech Product.

Tell us about your BNPL platform development requirements — goals, timeline and constraints. We will reply with questions, an approach and next steps.

  • Senior engineer reads every enquiry
  • Reply within one business day
  • NDA on request

Prefer to talk first?

Book a 30-minute call, or message the nearest team on WhatsApp.

Book a Call

Your details are used only to reply to this enquiry.

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