Categories
BJ’s Wholesale Club Unveils BNPL Option With Citizens Bank

BJ’s Wholesale Club Unveils BNPL Option With Citizens Bank

June 03, 2021 at 03:12PM
by PYMNTS

BJ’s Wholesale Club has tapped Citizens Bank to provide Citizens Pay as a buy now, pay later (BNPL) payment option for members to finance purchases in excess of $99, according to a Thursday (June 3) announcement.

“Citizens Pay brings convenient and flexible payment options to consumers and allows us to offer affordable solutions through a transparent and easy-to-use experience,” Citizens Pay President Andrew Rostami said in the announcement. “BJ’s members will now have access to modern, monthly installment plans that works for them so that they can make large purchases responsibly.”

BJ’s Wholesale Club is providing the payment option for purchases made through its website for delivery and through curbside pickup and buy online, pick up in-club. Members can choose Citizens Pay as their payment at checkout for purchases that are more than $99.

Members can choose terms of three months, six months, 12 months or 24 months depending on the amount of the transaction. They have the ability to harness Citizens Pay to finance various products such as televisions, major appliances, everyday essentials and furniture.

Chris DeSantis, senior vice president, GMM, sundries and services at BJ’s Wholesale Club, said in the announcement that “Citizens Pay will help create more flexibility for [members] to purchase what they need, when they need it.”

In February, on-demand home services platform Handy said it was joining forces with BJ’s Wholesale Club to provide professional television mounting and installation.

“Our partnership with Handy is yet another way that our members can get more value out of their BJ’s membership when they shop on BJs.com,” DeSantis said in a February announcement.

Handy was established in 2012 by Oisin Hanrahan, Umang Dua, Ignacio Leonhardt and Weina Scottand and is based in New York City. It links consumers seeking household services with pre-screened professionals at a fixed price.

In April, BJ’s Wholesale Club appointed Bob Eddy to serve as its new president and chief executive officer.