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Technology is key to Omnichannel Success in a Post Corona world

Dave says retailers should also rethink how they think about checkout and payment, “A retailer’s primary goal is to not just make a sale, but create the perfect equation to strategically price items and make the final payment process as frictionless and secure as possible.” he says, “Retailers must strive for customer journeys that are fast, easy, inexpensive and personable. They can do that by ensuring the final step is smooth and intuitive by integrating contactless payments and pickups to cut down on lengthy checkout times.”

Versatile’s Credit Cascade technology helps retailers to build a financing program for shoppers across the FICO spectrum, with a network of over 24 prime, near-prime and no-credit-needed providers. If customers are declined by the primary lender they are instantly transitioned to secondary and tertiary lender, improving their likelihood of being approved for a financing program. Merchants utilizing the cascade notice an average of up to 40% improvement in approval rates.

It is more critical than ever for retailers to evaluate how they can leverage technology to bring their customers new, innovative experiences to provide them with valuable interactions that help them connect with their products while building trust and confidence with their brand.

Versatile Credit can help retailers to build a financing program on their terms, with the lending partners they trust and the financing programs their shoppers need. Whether retailers need to provide financing in-store, online or beyond, Versatile Credit has the technology to provide shoppers with the same comprehensive financing options wherever a buying decision is made. Reach out to Versatile Credit today to learn more!