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NewProducts


                             Help merchants scale with


                           fair, ethical, fee-free lending





                                                                In addition, the company noted, all information on payment
                                                                installment times and totals is customer-facing, with no
                                                                hidden fees, which keeps transactions fully transparent to
                                                                consumers by showing them exactly what they are paying.
                                                                DivideBuy also provides additional flexibility by giving
                                                                consumers the option to change repayment dates online
                                                                while maintaining total visibility of their finances.

                                                                ISOs, agents and sales channel partner benefits
                 ounded in 2014, DivideBuy is a lender and tech-
                 nology platform provider on a mission to trans-  DivideBuy's intuitive  lending solution embodies  fair  and
                 form POS finance by offering innovative, afford-  transparent finance, the company stated, pointing out that
        F able consumer credit solutions online and at the      DivideBuy and sales channel partners can help merchants
        POS. The company's eCommerce credit plugin integrates   boost revenue by offering alternative payment methods to
        with leading shopping carts, including Shopify, Magento,   their customers, which can increase average ticket size and
        WooCommerce and Craft Commerce, the company stated.     reduce shopping cart abandonment.

        By scrapping late payment fees for customers, DivideBuy   DivideBuy's fast, automated onboarding processes have
        provides fair, flexible and ethical finance designed to   been shown to help merchants lower customer acquisition
        support consumers through all of life's major purchasing   and administrative costs, the company noted, adding that
        milestones, the company added. Participating merchants   its rigorous due diligence has reduced delinquency levels
        can opt to self-install the DivideBuy eCommerce plugin or   to just 3 percent.
        ask DivideBuy for assistance.
                                                                Company representatives additionally noted that the
        Designed to fit seamlessly into a merchant's existing   company's consumer lending solutions are designed to
        checkouts, DivideBuy's solution can also track a customer's   solve numerous pain points for merchants while making
        journey throughout the payment process, providing       purchases more affordable for shoppers. As a credit lender,
        valuable data for merchants to improve marketing offers,   DivideBuy takes on all credit risk, they added, meaning
        such as discounts, to deepen customer loyalty and give a   merchants don't have to wait for repayments to be made
        more intuitive customer experience, with tailored payment   before getting revenues.
        plans based on the customer's profile.
                                                                Data-driven business insights
        Interest-free monthly installment plans
                                                                Data insights generated by customer buying behavior and
        Stressing the importance of responsible lending, DivideBuy   harnessed through DivideBuy's agile tech stack has helped
        enables merchants to offer customers interest free monthly   participating merchants enjoy a 70 percent increase in sales
        installments over extended time frames—up to 12 or 24   conversions, 43 percent increase in big-ticket item sales and
        months. This is a longer repayment time frame compared   a 35 percent increase in average ticket sizes, the company
        with other providers in the sector, DivideBuy noted, which   noted.
        helps make large-value purchases more affordable for
        budget-conscious shoppers.                              By owning the entire lending journey, DivideBuy gives
                                                                consumers the reassurance of knowing they're in control
        DivideBuy's speedy application process and immediate    of their finances and can make informed decisions for
        decisioning enables customers to spread the cost of     larger-value purchases without fear of penalties or fees if
        purchases with no hidden charges. The company uses      their financial circumstances change,  the company said,
        automated decision-making algorithms to ensure the      adding that these assurances help merchants boost sales,
        entire credit approval process takes less than 60 seconds,   improve cash flow and forge deeper relationships with
        according to company representatives.                   their customers.

        The resulting information and customer  data enable
        DivideBuy to present the consumer with personalized          Company: DivideBuy
        payment deals and soft-search credit checks that don't harm   Product: BNPL
        the customer's credit score. This soft-search methodology
        helps consumers stay apprised of credit worthiness and       Website: https://dividebuy.co.uk
        repayment options before they check out.                     Contact: hello@dividebuy.co.uk


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