What Works

• Customer can opt for converting a POS purchase into installment payments. PayEz appears as an alternate payment option for credit card/ debit card for online payments. Offline payers to use portal/ mobile app
• Online credit check and loan eligibility assessment through a wide third party ecosystem and sophisticated credit scoring analytics. Installment payments for loans from $500 to $10,000 over 3 to 24 months are available
• Pre-qualified loans and credit score electronically sent to lender pool for instant APR quotes/ approvals. Lenders can select online applications. Finance cost borne by consumer or discounted by merchant. Lender to charge subsidized APR for the lead source. Integration/ Validation/ ACH cost borne by PayEz.biz
• Customer to choose the approved APR program and conclude purchase. Next day settlement to online/offline merchants. Direct ACH based collection process with no service charge on transactions