Elevate your checkout experience with instant lending
Point-of-Sale Lending allows you to make loans available to your customers at the moment of purchase. Offer instant decisions on low value items, enable zero interest for rapid re-payment and provide short term loans quickly.
Remove friction from the purchase process to improve your brand experience, increase conversion and open new revenue opportunities.
Enjoy frictionless purchase journeys
Avoid clunky loan approval processes
Choose the best payment options and lowest terms
Offer your customers Buy Now Pay Later (BNPL) and other lending products to make instant purchases at the point of sale. Use own brand BNPL to retain your customer relationships and avoid third party providers.
Features:
Quick and easy application for instant decisions on low value items
Optionally, terms can be made interest free for low value items and rapid repayment
Alternatively, provide short term loans for higher value items
Offer always on lending facilities using open credit lines. Help your customers handle unexpected transactions or cope with emergency purchases by providing open credit balances for customers to draw down against.
Features:
Complete credit check and approval processes in advance of the moment of need
Offer choices of flexible repayment options
Provide customers with buffer spending options for unexpected needs
Configurable repayment options to choose from
Spread the cost of purchases
Spread the cost without paying any interest
Our POS Lending solution features core components of Boxed banking capabilities which can be configured to achieve your vision.
Credit Account
Payments
Interest
Cards (optional)
Our POS Lending solution integrates with the extended capabilities of Boxed and NatWest to provide a complete end-to-end service.
Customer Onboarding
Customer Service & Support
Identity & Authentication
Credit Decisioning
Credit Management & Collections
Data & Insight
Let’s discuss how we can help you boost sales at checkout