U.S. SHOPPERS SEEK FINANCING
AOV INCREASE WHEN USING FINANCING
SHOPPERS PREFER RETAILERS WITH INSTANT FINANCING
Self serve application with no need to apply for another credit card
Instant solution for eligible customers, with clear terms.
The online and in-store experience is intuitive and seamless
Customers can now buy the item they really need or love without compromising on quality
Introducing a simple way to offer on-the-spot POS financing.
A white-labeled platform that enables you to offer POS lending without needing to integrate with a lender.
Does not require any integration between your lender and your POS
The entire flow is built with your branding and is displayed on your site as a sub-domain
Customer receives the installment loan on a digital Mastercard prepaid card and checks out like any other transaction
CHOICE OF LENDERS
Works with any of our existing partner lenders or the lender of your choice
A Seamless and Simple Process
Lender’s application form is displayed by Jifiti in the retailer’s consumer financing interface
Consumer applies for financing – information is transferred via the secure API to the lender
Approval is returned to the Jifiti system via the API
Once approved, funds are issued on a digital Mastercard prepaid card that can be used only at that retailer
Consumer uses the Mastercard digital prepaid card to check out in the store, just like they would any card
Consumer repays the lender directly in monthly installments.
The right digital platform enables you to finance more consumer purchases through retailers, which means diversification for your lending portfolios and increased loan revenue.
Consumer confidence in alternative finance providers is growing. Not only is demand increasing for these solutions, but they have lower operational costs than traditional in-store retail financing products.