Mid-Market retailers can now offer shoppers the freedom to pay for larger purchases by splitting them into easy, fixed monthly payments at the point of sale.
SuitePOS, a revolutionary point-of-sale solution aimed at mid-market and enterprise retailers on NetSuite and Salesforce, now supports the new Square Installments service, an elegant and easy to use consumer financing solution.
The flexibility and instant approval provided by SuitePOS with Square Installments will directly translate to a better customer experience and more revenue opportunities.
With the freedom to break big purchases into smaller monthly payments, shoppers can buy higher ticket items they may not have been able to purchase upfront and purchase more things. The best part is merchants get paid up-front while Square Capital bears all the risk.
Consumer financing at the point of sale has, historically, been a challenge. The whole approval process is slow, lengthy and counter-intuitive, and shoppers are wary of participating. SuitePOS with Square Installments changes this. Financing can now be done, at the point of sale, in less than 30 seconds.
It works as follows: