What is retail finance?

Helping customers spread the cost

Offering retail finance as a payment option to spread the cost can help to attract new customers, increase conversion rates, reduce purchase journey drop out and increase basket size.

Increased conversion rates

Offering POS finance payment options can help to attract a new customer base who may not have been in the market to shop just yet. Fixed monthly payments and low or 0% APR options can help customers to make a decision about a purchase, provided it fits with their monthly budget.

Contact free

Customers choosing point of sale finance can complete every step of their application on their own device, including verifying their identity and digitally signing their agreement either in store or online.

Increases basket size

The opportunity to spread the cost and choose an option that comfortably fits their monthly budget gives customers the flexibility to spend a little more on the products and specifications they really want.

Reduce purchase journey drop out

Integrated into the purchase journey, our straightforward application process is easy for customers to apply for in minutes. Real-time decisions and digital signing helps reduce dropout rates at the checkout.