Dollar General Plans New Customer Payment Methods; Tests 'Buy Now Pay Later' Option

Dollar General Plans New Customer Payment Methods; Tests 'Buy Now Pay Later' Option
  • Dollar General Corp DG has introduced a series of new financial services aimed at increasing access to banking options and providing additional customer payment options.
  • The new services include the Spendwell banking platform, a buy-now, pay-later test program with Sezzle, and new FIS Worldpay card reward points payment options.
  • Through a partnership with InComm Payments and issued by MetaBank, spendwell account and Visa Inc V debit card is available at Dollar General's 18,000+ stores, online platform, and mobile banking app.
  • Dollar General plans to launch a test of a buy-now, pay-later purchase option through a new partnership with Sezzle at more than 1,700 stores in Texas.
  • Price Action: DG shares closed lower by 3.44% at $203.72 on Monday.

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