Emerging Payment Technologies new online point-of-sale instant credit service, is allowing e-merchants of all sizes to substantially increase ticket size and sales.
Newark, New Jersey (PRWEB) March 27, 2013
Emerging Payments Technologies’ management shared today the results from the growing list of e-merchants who are deploying its new GetFinancing product http://www.getfinancing.com . The data indicates that e-merchants who are adding the GetFinancing instant finance option on their checkout page are seeing substantial increase in both conversions and ticket size.
Using Emerging Payments’ patented Technology, GetFinancing allows consumers to secure financing from numerous lenders at the checkout page of participating merchants in a matter of seconds. Merchants’ settlement is quick which allows for expeditious shipping of the goods purchased.
GetFinancing is currently servicing high-ticket e-merchants mainly in the following verticals: jewelry, indoor and patio furniture, swimming pools and spas, automotive accessories, home theatres, electronics, computers, photographic equipment, luxury watches, used cars, ATVs, snowmobiles, motorcycles, electric bikes, bicycles, HVAC, building supplies, rugs, flooring and carpeting, solar panels, antiques and art, cosmetic and dental surgery, wigs, boating accessories, home improvement etc.
GetFinancing becomes an essential growth tool specifically for online merchants who have $5-$30 million in annual sales volume, since these businesses are typically limited in offering financing options to their customers.
The GetFinancing process is Fast, Safe and Simple. At checkout the participating merchants’ customer is presented with the GetFinancing instant finance option to complete their purchase. When the customer chooses GetFinancing, the platform immediately assesses the credit worthiness of the customer using their last 4 digits of SSN. Customers, who meet GetFinancing’s instant finance sources, underwriting standards, are instantaneously awarded credit to complete their purchase.
Pascal Pegaz-Paquet, http://www.linkedin.com/pub/pascal-pegaz-paquet/6/96/311, successful investor and technology entrepreneur with extensive experience in developing highly profitable internet based businesses for the past 20 years said. “I see GetFinancing as the missing link in the chain of the merchant acquisition process as well as in the lack of credit offering for the consumers shopping online. Financing online purchases with the GetFinancing option at checkout is a natural and obvious addition to the consumer’s experience.
Stephane Touboul, http://www.linkedin.com/in/stephanetouboul, CEO of Emerging Payments Technologies, Inc. notes “Currently in online stream of commerce, unlike at brick and mortar POS, credit offers are scarce and limited to the top 500 e-tailers. With our Express Verifiable Authorization patented technology, we not only allow mid-level merchants to participate, but are able to authenticate and pre-qualify each customer in an instant. GetFinancing works with numerous banks and consumer credit lenders to offer dynamic instant credit products for all types of consumers, so approval rates are frequent and immediate”. “GetFinancing is the turning plate where consumers, merchants and credit issuers meet to transact in real time”
GetFinancing is the flagship brand of Emerging Payments Technologies, Inc. - a leader in alternative billing and payments for over 10 years. Using its proprietary technology, GetFinancing facilitates customer’s applications to its partner banks that may issue instant credit in seconds. When Participating merchants feature the GetFinancing icon on their websites, GetFinancing facilitates e-Commerce by connecting participating e-Merchants, customers and banks. Express Verifiable Authorization® or EVA® patented technology is the cornerstone of the GetFinancing credit search engine. GetFinancing’s founders have built several major companies and are recognized leaders in the US and Europe in the mainstream and alternative payments industry.