POS Lending

Elevate your checkout experience with instant lending

Quick and easy lending, when your customers need it

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.

Business benefits

Increase conversion by offering flexible payment options 

Strengthen customer loyalty through a better customer experience 

Grow average transaction value by making your products and services more accessible 

Create new revenue streams 

Increase data insight by retaining your customer and transaction data 

Customer benefits

Easy-to-use 

Enjoy frictionless purchase journeys 

Rapid approvals 

Avoid clunky loan approval processes 

More choice 

Choose the best payment options and lowest terms 

Featured use cases

Checkout​ finance​

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 

Credit

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 

Elevate your checkout experience

NWB POSLending screen1.1

Choose Buy Now Pay Later

Configurable repayment options to choose from

NWB POSLending screen1.2

Payment account with instalments

Spread the cost of purchases

NWB POSLending screen1.3

Interest-free credit

Spread the cost without paying any interest

Embedded capabilities

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)  

Extended capabilities

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 

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Find out more about POS Lending

Let’s discuss how we can help you ​boost sales at checkout​ 

Contact us

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