Citi Pay Partnership Revolutionizes Point of Sale Technology with ChargeAfter

Tech News Summary:

  • Citi Retail Services has chosen ChargeAfter as its technology provider for Citi Pay products, aiming to integrate digital-only credit cards and monthly installment loans into online merchants’ point-of-sale experiences.
  • ChargeAfter’s Lending Hub product streamlines product creation for merchants and lending banks, allowing for rapid integration and distribution of credit products at scale.
  • This collaboration between ChargeAfter and Citi Pay, following a similar agreement with Wells Fargo Retail Services, represents a significant development in the point-of-sale financing space, aiming to provide seamless integration of innovative credit products into merchant checkout experiences while enhancing customer satisfaction.

ChargeAfter, the leading point of sale financing platform, has announced a groundbreaking partnership with Citi Pay that will revolutionize the way consumers make purchases. This collaboration will bring a new level of flexibility and convenience to the point of sale, allowing customers to access personalized financing options at the moment of purchase through Citi Pay.

The partnership will enable retailers to offer a seamless and convenient financing experience to their customers, giving them the ability to choose from a variety of flexible payment options at the point of sale. This strategic union between ChargeAfter and Citi Pay will provide consumers with the freedom to select the best payment plan that fits their individual financial needs, ultimately enhancing the overall shopping experience.

ChargeAfter’s state-of-the-art technology combined with Citi Pay’s industry-leading payment platform will streamline the financing process and provide unprecedented accessibility to affordable payment solutions for consumers. This collaboration is poised to transform the way people shop and pay, providing a hassle-free and efficient way to manage their finances at the point of sale.

“We are thrilled to partner with Citi Pay to revolutionize the point of sale experience for consumers,” said Meidad Sharon, CEO and Co-Founder of ChargeAfter. “This collaboration will empower consumers with the ability to choose from a wide range of financing options right at the moment of purchase, providing them with the flexibility and control to make informed decisions about their purchases.”

The innovative technology developed by ChargeAfter, in combination with Citi Pay’s secure and reliable payment platform, will create a seamless and intuitive financing process that offers consumers greater control over their payment options. This partnership is set to redefine the way consumers access and utilize financing solutions at the point of sale, ultimately driving a more personalized and efficient shopping experience.

As the retail industry continues to evolve, the partnership between ChargeAfter and Citi Pay will set a new standard for point of sale financing, offering a more transparent and convenient way for consumers to manage their finances while making purchases. This collaboration is poised to shape the future of retail financing and deliver an unparalleled level of flexibility and convenience to consumers around the world.

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