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Press and News

Get the latest on the Versatile team, technology, and partnerships — and the benefits of an optimized credit strategy.

Press

Press

Versatile Credit Partners with The Furniture Marketing Group (FMG) to Launch the FMG Finance Portal

Versatile Credit announced the release of the FMG Finance Portal with The Furniture Marketing Group, designed to empower FMG members with the ability to offer comprehensive, full-spectrum financing solutions to their customers.

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Versatile Credit Announces Strategic Growth Investment from PSG

Versatile Credit announced a strategic growth investment from PSG, a leading growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth.

Press

Versatile Credit Partners with Nationwide Marketing Group and Wells Fargo to Deploy Comprehensive Consumer Financing Portal

Versatile Credit and Nationwide Marketing Group announced the launch of a new financing portal in collaboration with Wells Fargo.

Press

Versatile Credit and Koalafi Unite to Broaden Lease-to-Own Financing Choices for Retailers

Versatile Credit is excited to announce the integration of Koalafi, an omni-channel provider of inclusive financing plans to support retailers by providing a wider range of financing options to shoppers.

Press

American First Finance deploys prequalification functionality to provide merchants seamless second-look capabilities

Versatile Credit announced the deployment of new prequalification functionality with American First Finance, allowing merchants more opportunities to provide seamless second-look financing and lease-to-own options to their customers.

Press

Bread Financial and Versatile Credit Team-up to Introduce Buy Now, Pay Later to the Versatile Platform

Bread Financial today announced a new relationship with Versatile Credit, where Bread Pay’s buy now, pay later installment products will now be available to participating Versatile Credit merchants and their customers.

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News

news

Dynamic QR Codes Can Help Provide Safe and Secure Contactless Experiences

Recently Rafael Lourenco, Executive Vice President of ClearSale, wrote about the efficacy and risks associated with QR code payments systems in an article for My Total Retail.

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QR code payment adoption growth expected

According to a recent study by Juniper Research the total number of QR code payment users will grow from 1.5 billion to 2.2 billion by 2025. While much of this growth is predicted to be within emerging markets, the US is poised to see growth of over 240% between 2020 and 2025.

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The Importance of Omnichannel Commerce in 2021

Recently on Business Insider, Ian Black, managing director at Shopify, shared his thoughts on recent retail trends, including the importance of a comprehensive omnichannel strategy. Although COVID-19 has led to many customers staying at home, they have not abandoned brick-and-mortar entirely — oftentimes looking to leverage their local stores for local pick-up and delivery services.

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Holiday sales expected to grow between 3.6-5.2 percent this year

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.

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Vicki Turjan, Innovators vs COVID 19 Interview

Startup.info spoke to Versatile’s President and COO Vicki Turjan, for their “Innovators vs COVID 19” series. A variety of subjects are covered in the interview, from the effects of COVID-19 on retail and consumer financing to the driving factors behind Versatile’s philosophy on innovation.

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The Power of Second Look Financing

Many states throughout the country have issued “Stay at Home” orders in response to the COVID-19 outbreak, and as the vast majority of our fellow citizens comply, that has motivated forward thinking retailers to re-evaluate their in-store experiences and interactions between customers, employees, and their physical storefronts.