With the holiday season approaching many are wondering what to expect for seasonal shopping. Recently the National Retail Federation forecasted that holiday sales are expected to increase 3.6 to 5.2 percent in November and December — nearly $755 billion plus dollars more than the same period last year.
“We know this holiday season will be unlike any other, and retailers have planned ahead by investing billions of dollars to ensure the health and safety of their employees and customers,” National Retail Federation President and CEO Matthew Shay said. “Consumers have shown they are excited about the holidays and are willing to spend on gifts that lift the spirits of family and friends after such a challenging year.”
Is your business prepared to meet the needs of your shoppers this holiday season, in-store and online? Versatile Credit’s platform of financing tools enable retailers and merchants to offer customers flexible payment options and an opportunity to get the products and services they need, using the technology they want and expect. Reach out to us today to learn more!