Sezzle Partners with Shoplazza to Offer Flexible Payment Options to Merchants
24 October 2024 - 11:37PM
Sezzle Inc. (NASDAQ: SEZL)
(
Sezzle or
Company) // - Sezzle,
a leader in the flexible payments industry, is proud to announce a
new partnership with Shoplazza, an innovative e-commerce platform.
This collaboration will enable thousands of Shoplazza merchants
doing business in the US to offer flexible payment options through
Sezzle, enhancing the shopping experience for their customers and
providing significant business growth opportunities for merchants.
In today’s competitive e-commerce landscape, flexible payment
options are crucial for attracting and retaining customers. More
consumers are seeking alternative payment methods that provide
convenience and financial flexibility. By integrating Sezzle BNPL
(Buy Now, Pay Later) service, with Pay in 4 and Pay in 2 loans
issued by WebBank, Shoplazza merchants can cater to this demand,
facilitating easier purchases without the immediate financial
burden.
Benefits of Sezzle:
- Driving Incremental Sales: The Sezzle BNPL
option empowers shoppers to make responsible purchasing decisions
by allowing them to pay in manageable installments. This can lead
to higher sales volume as customers feel more confident completing
their purchases, knowing they can budget their payments over
time.
- Increasing Average Order Value (AOV): With the
financial flexibility provided through Sezzle, shoppers can
comfortably manage their budgets, potentially increasing their
spending per transaction. This responsible payment option helps
merchants enhance the shopping experience, leading to higher
average order values (AOV) while ensuring customers remain
financially healthy.
- Boosting Cart Conversion Rates: Cart
abandonment is a significant challenge in e-commerce. By offering a
BNPL option, Shoplazza merchants can reduce cart abandonment rates.
Customers who might be hesitant to complete a purchase due to
budget constraints are more likely to finalize their transactions
when they have the option to pay over time.
- Building Customer Loyalty: Providing flexible
payment solutions helps build trust and loyalty among customers.
Shoppers appreciate the convenience and financial management
benefits that using Sezzle offers, which can lead to repeat
business and long-term customer relationships.
- Enabling Credit Building: The Sezzle solution
provides a responsible way to pay over time while giving the option
to consumers to report their credit. Sezzle Up, the Sezzle opt-in
credit reporting feature, can attract a broader customer base,
including those looking to improve their credit performance
while managing their finances effectively.
“We are excited to partner with Sezzle and bring flexible
payment solutions to our merchants. By offering the Sezzle BNPL
option, consumers can take hold of their financial freedom and
access our merchants' products without financial strain. This
partnership represents a significant step forward in making
e-commerce more inclusive, driving sales, and increasing conversion
rates for our merchants,” said Alyson Zhang, Co-founder, COO, and
Head of Internationalization at Shoplazza.
“We are excited to partner with Shoplazza and extend innovative
payment solutions through Sezzle to a wider audience. This
collaboration allows us to support more merchants in driving growth
and improving customer experiences. At Sezzle, we are dedicated to
expanding our reach and continuously providing consumers with the
financial flexibility they need. Together with Shoplazza, we aim to
make shopping more accessible and rewarding for everyone,” said
Paul Paradis, President and cofounder of Sezzle.
This partnership marks a significant step forward in providing
innovative, flexible, and responsible payment solutions to the
e-commerce market.
Interested in adding Sezzle to your business? Learn more
here.
About Sezzle Inc.
Sezzle is a fintech company on a mission to financially empower
the next generation. Sezzle’s purpose-driven payment platform
increases consumers' purchasing power by offering interest-free
installment plans online and in-store. Sezzle’s transparent,
inclusive, and seamless payment option allows consumers to take
control over their spending, be more responsible, and gain access
to financial freedom.
For additional assets and news on Sezzle please visit
https://my.sezzle.com/news/
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Sezzle US Media Contact:
Erin Foran
Tel: (651) 403-2184
Email: erin.foran@sezzle.com
About Shoplazza
Shoplazza is dedicated to empowering businesses in the digital
economy. Shoplazza's comprehensive Omnichannel All-in-One Solution
enhances operational efficiency, optimizes customer engagement, and
boosts sales performance. Shoplazza's AI-powered tools, integrated
POS systems, E-commerce solutions for online stores, and inventory
management solutions provide businesses with the tools they need to
succeed. With Shoplazza, businesses can thrive and drive forward in
today’s competitive market.
Erin Foran
Sezzle
6514032184
erin.foran@sezzle.com
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