Canada-based point-of-sale financing and payment tech provider Flexiti recently announced it has teamed up with Visions Electronics, a retailer for electronics with locations across Canada, has launched its point-of-sale technology. Flexiti reported its financing solution is now available in all 43 retail locations in addition to its e-commerce platform.
Founded in 2013, Flexiti offers POS financing at big-ticket retailers to make their customers’ purchases more affordable. The fintech reported that through its mobile app process, customers may apply for financing and receive an approval within minutes.
“With minimal integration required into existing POS systems, retailers can quickly scale across multiple locations and sales channels to offer financing to all of their customers, in-store and online.”
Flexiti claims that it has designed a frictionless application process, with ID scanning technology that auto-populates the application, allowing customers to be approved and transact in minutes. The platform’s solution provides retailers with a quick and easy way to drive increased sales, make purchases more affordable for their customers, and build brand loyalty. Speaking about the partnership, Maurice Rouleau, President of Visions Electronics, stated:
“Since launching Flexiti online, we have seen a great appetite from our customers for more payment options at checkout. We are thrilled to expand the financing option to our store locations to offer the best payment options for our customers.”
Peter Kalen, Founder and CEO of Flexiti, then added:
“Visions Electronics has been a leader in retail customer experience since they opened their very first store. We are excited to be able to provide their online and brick and mortar stores with flexible financing to improve their customer experience.”