Trending...
- PLP ANNOUNCES ACQUISITION OF PILOT PLASTICS ASSETS
- Dental Tourism is on the Rise and This Dental Hygienist is Providing the Consultations
- L-Strategies political and business consulting firm launched by partners Angie Wong and Jared Craig with Donna and Stan Fitzgerald
COLUMBUS, Ohio--(BUSINESS WIRE)--Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, today announced a new relationship with Versatile Credit Inc., a leading provider of innovative solutions linking bank lenders with consumers applying for credit in retail stores. Through Versatile Credit's platform, Bread Pay's buy now, pay later installment products will now be available to participating Versatile Credit merchants and their customers.
For the first time, these customers will now have access to BNPL financing at the point of sale – both online and in-store – giving them more financial choice and flexibility at checkout. Customers can pre-qualify for Bread Pay in a matter of seconds, immediately apply the financing to their purchase, and pay for their purchase in equal installments over time.
"Our partnership with Versatile allows us to increase distribution of our BNPL products in-store, while expanding opportunities in priority markets like elective medical and home improvement," said Val Greer, EVP and chief commercial officer, Bread Financial. "Together we're providing consumers greater options with the access to modern, innovative financing at checkout that they demand."
Versatile Platform merchants can now provide their customers with a simple, convenient, and transparent way to buy the things they want now and pay for them over a period of time. With the addition of Bread's BNPL solution, Versatile Credit provides merchants greater access to a complete spectrum of lending solutions, offering their customers increased choice and a better payment experience.
"Versatile Credit's approach to lending enables our merchant partners to keep customers across the credit spectrum engaged through a seamless application and approval process," said Vicki Turjan, President and COO of Versatile Credit. "The addition of Bread Pay allows us to further expand our product offering and provide financing solutions that meet a variety of customer needs and expectations."
More on Ohio Pen
About Bread Financial™
Bread Financial™ (NYSE: BFH) is a tech-forward financial services company providing simple, personalized payment, lending and saving solutions. The company creates opportunities for its customers and partners through digitally enabled choices that offer ease, empowerment, financial flexibility and exceptional customer experiences. Driven by a digital-first approach, data insights and white-label technology, Bread Financial delivers growth for its partners through a comprehensive product suite, including private label and co-brand credit cards, installment lending, and buy now, pay later (BNPL). Bread Financial also offers direct-to-consumer solutions that give customers more access, choice and freedom through its branded Bread Cashback™ American Express® Credit Card and Bread Savings™ products.
Headquartered in Columbus, Ohio, Bread Financial is powered by its 6,000+ global associates and is committed to sustainable business practices. To learn more about Bread Financial, visit BreadFinancial.com or follow us on Facebook, LinkedIn, Twitter and Instagram.
More on Ohio Pen
About Versatile Credit Inc.
Founded in 1991, Versatile Credit is a privately held, omni-channel financing platform that provides a simple, flexible and diversified sales finance lending solution for retailers seeking prime, near-prime and no-credit consumer financing solutions.
Facilitates over $8B+ in annual financing volume across over 1500 partners, inclusive of over 30% of the Top 100 Furniture Retailers in the US, with major deployments in furniture, home improvement, jewelry, electronics, automotive, and elective medical.
Contacts
Bread Financial
Media Contact: Rachel Stultz
Director of External Communications
Phone: 614-729-4890
Email: Rachel.Stultz@breadfinancial.com
Versatile Credit
Company Contact: Vicki Turjan
President and Chief Operating Officer
Phone: (717) 620-2570
Email: vicki@versatilecredit.com
Media Contact: Sam Miller
Director of Marketing & Creative Strategy
Phone: (717) 620-2535
Email: scmiller@versatilecredit.com
For the first time, these customers will now have access to BNPL financing at the point of sale – both online and in-store – giving them more financial choice and flexibility at checkout. Customers can pre-qualify for Bread Pay in a matter of seconds, immediately apply the financing to their purchase, and pay for their purchase in equal installments over time.
"Our partnership with Versatile allows us to increase distribution of our BNPL products in-store, while expanding opportunities in priority markets like elective medical and home improvement," said Val Greer, EVP and chief commercial officer, Bread Financial. "Together we're providing consumers greater options with the access to modern, innovative financing at checkout that they demand."
Versatile Platform merchants can now provide their customers with a simple, convenient, and transparent way to buy the things they want now and pay for them over a period of time. With the addition of Bread's BNPL solution, Versatile Credit provides merchants greater access to a complete spectrum of lending solutions, offering their customers increased choice and a better payment experience.
"Versatile Credit's approach to lending enables our merchant partners to keep customers across the credit spectrum engaged through a seamless application and approval process," said Vicki Turjan, President and COO of Versatile Credit. "The addition of Bread Pay allows us to further expand our product offering and provide financing solutions that meet a variety of customer needs and expectations."
More on Ohio Pen
- Lineus Medical® Awarded ISO 13485 and MDSAP Certifications
- Captain D's Sails into 2023 with Full Slate of New Restaurants Under Construction
- Saturated Market Creates Golden Opportunity for Florida Luxury Custom Home Builder to the Stars!
- Well-Being and Equity (WE ) In The World Mobilizes Change for a More Economically and Racially Just Society
- A+ Expands "In Person" ACT Tutoring Services in Greater Cincinnati Ohio
About Bread Financial™
Bread Financial™ (NYSE: BFH) is a tech-forward financial services company providing simple, personalized payment, lending and saving solutions. The company creates opportunities for its customers and partners through digitally enabled choices that offer ease, empowerment, financial flexibility and exceptional customer experiences. Driven by a digital-first approach, data insights and white-label technology, Bread Financial delivers growth for its partners through a comprehensive product suite, including private label and co-brand credit cards, installment lending, and buy now, pay later (BNPL). Bread Financial also offers direct-to-consumer solutions that give customers more access, choice and freedom through its branded Bread Cashback™ American Express® Credit Card and Bread Savings™ products.
Headquartered in Columbus, Ohio, Bread Financial is powered by its 6,000+ global associates and is committed to sustainable business practices. To learn more about Bread Financial, visit BreadFinancial.com or follow us on Facebook, LinkedIn, Twitter and Instagram.
More on Ohio Pen
- Maximize Your Profit: Tips from Collectors Coins & Jewelry on Selling Gold Jewelry Safely and Effectively
- MPE Partners Announces Two Senior Team Promotions
- City of Akron Public Art Commission Issues Request for Proposal to Create Electronic Database of Art in Akron
- Entrinsik Board Announces New CEO
- Sweethearts sends 'sweet-and-desist' to Big Tech over 'like' button
About Versatile Credit Inc.
Founded in 1991, Versatile Credit is a privately held, omni-channel financing platform that provides a simple, flexible and diversified sales finance lending solution for retailers seeking prime, near-prime and no-credit consumer financing solutions.
Facilitates over $8B+ in annual financing volume across over 1500 partners, inclusive of over 30% of the Top 100 Furniture Retailers in the US, with major deployments in furniture, home improvement, jewelry, electronics, automotive, and elective medical.
Contacts
Bread Financial
Media Contact: Rachel Stultz
Director of External Communications
Phone: 614-729-4890
Email: Rachel.Stultz@breadfinancial.com
Versatile Credit
Company Contact: Vicki Turjan
President and Chief Operating Officer
Phone: (717) 620-2570
Email: vicki@versatilecredit.com
Media Contact: Sam Miller
Director of Marketing & Creative Strategy
Phone: (717) 620-2535
Email: scmiller@versatilecredit.com
Filed Under: Business
0 Comments
Latest on Ohio Pen
- Texas Automotive Lift & Equipment Distributor chooses Employees Ownership
- Civista Bancshares, Inc. Declares First Quarter Common Dividend
- TWO PUBLIC ALLIES ALUMNI JOIN THE NATIONAL BOARD OF DIRECTORS
- SurePoint Technologies Recognized as Legal Technology Trailblazer by The National Law Journal
- Louisville Riverport Authority Applies To Include South Central Kentucky In Foreign Trade Zone #29 Service Area
- Westfield Completes Acquisition of Lloyd's of London Syndicate 1200
- PLP ANNOUNCES ACQUISITION OF PILOT PLASTICS ASSETS
- IntellaTriage Hires New Director of Clinical Operations
- Armada Power and Leap Announce Partnership to Expand Access to California Energy Markets
- Metro Commercial brokers deal for BJ's Wholesale Club in West Palm Beach, FL
- L-Strategies political and business consulting firm launched by partners Angie Wong and Jared Craig with Donna and Stan Fitzgerald
- Zilker Partners Expands Recruiting and Digital Marketing Services to Keep Pace with Changing Business Climate
- Dental Tourism is on the Rise and This Dental Hygienist is Providing the Consultations
- Bio-Oil® Celebrates Body Confidence Through Body Positivity Month Campaign
- Advanced Drainage Systems Announces Quarterly Cash Dividend
- New Book Launches to Bestseller Status--Answers the Question "Why Is It So Hard to Find Quality Workers?"
- Acquisition of NDT Classroom Bolsters NDT Training Portfolio
- Fifth Third Bank to Increase Prime Lending Rate to 7.75%
- Cascade Asset Management Recognized in 2023 Gartner® Market Guide for IT Asset Disposition Report
- '23 is the Year of the Podcast Radio Play