Celerant Technology, the retail software solution provider, announced a partnership with Sezzle Inc. (ASX: SZL), a provider of consumer financing solutions.
Retailers can now add Sezzle Pay “to their Celerant eCommerce website to offer the convenience of ‘buy now, pay later’ with 0% APR and connect with millions of existing Sezzle users– increasing both online sales and potential customers.”
Sezzle’s integration for Celerant’s in-store point-of-sale solution is coming soon.
Paul Paradis, co-founder and Chief Revenue Officer, Sezzle, said:
“We’re excited to partner with a leader in the retail software industry and to bring Sezzle’s Buy Now, Pay Later financing to the millions of consumers that shop at Celerant’s diverse ecosystem of brands. Sezzle brings Celerant merchants a great experience that resonates with all consumers. It is a runaway hit with millennials and Gen Z, in particular, who appreciate that it comes with no interest and no fees if you pay on time, along with the option to build credit.”
With Celerant’s eCommerce platform, retailers can “offer Sezzle to customers directly on their website.”
Launching Sezzle is “fast,” “secure” and “risk-free” as Sezzle pays the merchant “in full at the time of purchase and assumes the risk of any missed payments.”
Once enabled, customers can “select Sezzle as a payment method during the checkout process and split the order into 4 interest-free payments over 6 weeks with instant approval, allowing them to get the products they want now, and pay later.”
After a customer makes a purchase via Sezzle, the funds are “directly deposited into the merchant’s bank account within 1-3 business days.”
Sezzle is described as being “a fast-growing and preferred payment option for millions of shoppers.”
By offering Sezzle, retailers can “tap into Sezzle’s user network to attract more customers and turn them into repeat shoppers at all stages of their credit journey.”
Sezzle users “can locate a retailer’s products and latest deals directly on their Sezzle mobile app, and purchase the items they want.”
Orders placed on the Sezzle app flow directly into Celerant’s back office software, “just as it would from their own eCommerce website, allowing the retailer to manage orders from all channels in a single place.”
Ian Goldman, President and CEO, Celerant, stated:
“With more consumers turning to instant credit apps to make ends meet, it was important to expand our technology with additional consumer financing options. As a popular ‘buy now, pay later’ solution in the industry, partnering with Sezzle provides more options for our retailers to offer their customers payment flexibility and help financially with larger purchases, and in turn increase our retailers’ online sales.”
As noted in the update, Celerant Technology is “an innovative retail software provider enabling retailers to expand their businesses past their physical storefronts’ and into the online world.”
Celerant supports retailers “with an all-in-one system; point of sale, inventory management, promotions and loyalty rewards, eCommerce, mobile apps, vendor integrations, marketplace integrations, integrated email marketing and more.”