Online and e-commerce merchants are reporting a 25% or greater lift in purchase transaction size when the consumer is able to pay in installments. It's no wonder then that fintech lending and banking startups, as well as retail banks around the world, aggressively are incorporating Point-of-Sale (POS) financing into their merchant offerings. Learn why POS financing is upending the traditional consumer purchase financial cycle and fintech at large; how each company operating in or entering the sector can build a strategy tailored to its resources; and what are trending innovations.
This research will be of significant interest to retail banks, fintechs in lending and banking, and merchants, each seeking to expand their profitable lines. The paper is based on extensive data compilation and interviews with leading solution providers; it includes a compilation of POS finance innovators, their strategies and growth trajectories.