The rent-to-own and lease-to-own retail concepts that seem tailor made for recession-pressed consumers with subprime credit are in fact seeing their models tested by an unforgiving market where shoppers are showing a preference for bargains and extra sensitivity toward fees. The latest example of this...
Cloud-based subscription management platform provider Zuora has partnered with BNP Paribas Leasing Solutions to offer new usage solutions for professional equipment, a press release said Wednesday (July 13). BNP Paribas Leasing Solutions, part of one of the biggest banks in the world, offers financing for...
When it comes to buying durable goods, many consumers see just two options before them: going without things that could be necessities, or taking on insecure debt. But there’s a third option for these shoppers: lease-to-own purchasing, a method that lets consumers buy the goods...
Today in B2B payments, real-time payments improve the cross-border B2B customer experience, and consumers want more flexible terms for mobile device payments. Plus, PayRetailers makes a pair of acquisitions to bring some unity to the fragmented Latin America eCommerce sector. Real-Time Payments Raise the Bar...
September 30, 2022
The rent-to-own and lease-to-own retail concepts that seem tailor made for recession-pressed consumers with subprime credit are in fact seeing their models tested by an unforgiving market where shoppers are showing a preference for bargains and extra sensitivity toward fees. The latest example of this low-end shift was seen Thursday (Sept. 29) in a statement […]
October 22, 2024
Retail space availability is reportedly near record lows, giving national chains an advantage over small businesses in securing space as rents rise. Nearly 60% of small businesses said their rent rose in the last six months, The Wall Street Journal (WSJ) reported Monday (Oct. 21), citing data from business networking platform Alignable. Growing demand from national […]
April 08, 2022
When it comes to buying durable goods, many consumers see just two options before them: going without things that could be necessities, or taking on insecure debt. But there’s a...
July 04, 2019
ANZ, Commonwealth Bank, IBM, Scentre Group and Westpac have announced they are partnering to launch a live pilot for Lygon, a new digital platform using blockchain technology to digitize the...
May 04, 2018
Sears Holdings has announced that it has expanded its leasing program so that customers can easily finance a variety of products, both in-store and online. The retail chain originally launched...