E-commerce software for interest free, buy now pay later, and interest bearing products
Mail order has undergone a significant transformation through the introduction of new credit products and technology at the online point of sale. The need to quickly adapt to market changing conditions requires agility around the finance proposition, lending partners and channels to market.
The E-commerce sector is embracing digital automation
The leveraging of embedded credit is a proven method available to online retailers to increase their sales volumes by offering appropriate and attractive finance options to qualifying customers; it can even be argued that customers now expect such payment terms to be offered as ‘the norm’ at time of payment fulfilment.
This means more than ever there is a need for compliant, scalable, efficient and agile platforms to enable mail order retailers to embrace and benefit from advances in financial product offerings and technology transformation.
Our E-commerce software is designed to leverage the best practices of our clients and the requirements of consumers.
Even if you have existing E-commerce finance partners, it may be worth talking to Aryza about your lost sales, low approval rates, lender choices, supplier relationships and pricing. Our experienced team will be able to work with you to review where you can improve processes, introduce efficiencies, and influence key operational SLAs.
Whether you are selling Furniture, Kitchens, Bathrooms, Jewellery and Watches, Domestic Appliances, Health and Wellness, or even for Dentists and Laser Eye Surgery; the model can be applied to any high value transactional model. We will be happy to look at your requirements and suggest how to create a lending solution that works for your customers.
Aryza Engage a simple user interface, completed by the consumer, to gain a clear understanding of their income, outgoings and credit commitments, along with ongoing affordability and vulnerability.
Using Open Banking and Open Ledger technologies, via one single API integration, Aryza Monitor helps credit underwriters and other financial professionals by providing key company information, automating the collection of key accounting data such as creditor and book debt ledgers, and providing a powerful analysis of a company’s banking transactions.
Aryza Recover is a digital collection and recovery tool supporting real time links with consumers and businesses. Customers are able to provide affordability data directly or via open banking. Once data is complete suitable payment plans are presented to the customer. Payments plans can be collected from platform or passed back to external systems.