Credit Card Payment Services
CredEx Great Offers delivers purchase financing and other checkout tools to merchants. Participating merchants who display the Great Offers icon on their website provide their customers access to best-in-class credit offers from leading banks including Citibank, Discover, HSBC, Barclays and American Express. This offer is made at just the time when the customers' need for credit is at its greatest – when they're shopping.
Benefits for You
The benefit of a merchant account and online payments without the hassles of typical credit card services
Great Offers helps eMerchants:
- Increase conversions
- Rescue declined authorizations
- Provide best-in-class credit offers from leading banks
- Achieve better click-through rates from the home and product pages
- Earn direct revenue for each approved customer
- Land new customers through CredEx marketing
How CredEx Great Offers Helps You Get New Customers and Close More Sales
CredEx Great Offers helps e-Merchants get new customers, close more sales and rescue declined authorizations by providing new financing options for your customers and potential buyers, even customers with a poor credit history or no credit history. And students too.
CredEx partners with more than 10 major banks including Citibank, Discover, HSBC, Barclays and American Express. We offer over 100 credit and payment products designed for people with high FICO credit scores as well as people with poor credit or no credit history and students too. Because we have such a wide selection of offers, typically 80% of your customers will get approved. This improves your customers' shopping experience and will help you close more sales.
NO technical integration required.
No fees – CredEx does not charge any discount fees or Interchange.
How CredEx Great Offers Rescues Declined Authorizations
When a transaction receives a declined authorization, you stand a good chance of losing the sale. When you place CredEx Great Offers on the decline notification web screen, you give your customers the opportunity to apply for a new credit product.
Very often Great Offers can match the customer with a credit or payment product the customer will get approved for. This includes customers with a poor credit history and no credit history and students too. CredEx has teamed up with over 10 banks and payment product providers including Citibank, Discover, HSBC, Barclays and American Express, and offers more than 100 products, so most of your customers will get approved for a new product. This increases the likelihood you will close the sale.
CredEx Marketing Tools
- CredEx Great Offers and bank partner icons, buttons and banners that you can add to your website. This gives your website greater credibility and branding
- CredEx marketing creative
- Branding and publicity on CredEx website. CredEx features your logo on CredEx Shop Now with a link to your website. This helps drive new customers to your website
- Access to the Great Offers portal that provides comprehensive sales reporting portal and marketing tools
- Incentives and affiliate commissions. CredEx pays you a commission for each customer that gets approved for a credit product, plus
- CredEx Shop Now sends new customers to your website
How CredEx Great Offers Works
CredEx delivers the functionality of bill me later without you needing to establish a merchant account to accept credit cards for online payments.
When you feature the Great Offers buttons and banners on your website, your customers can apply for a new credit or payment product.
Customers click on the Great Offers icon and will be asked to enter some basic information including name, address, date of birth and only the last four digits of the Social Security Number. Using CredEx's patented Express Verifiable Authorization® technology, Great Offers identifies the customer and performs several data inquiries using formulas based on bank underwriting criteria. CredEx matches your customer to the best credit offer available in order to maximize the approval rate. Great Offers presents the credit or payment product the customer is most likely to be approved for.
CredEx has teamed up with over 10 banks and payment product providers including Citibank, Discover, HSBC, Barclays and American Express, and offers more than 100 products. Most of your customers will get approved for a new product. This helps you land more customers and close more sales.
What Kind of Products Can My Customers Receive?
CredEx's bank partners provide a wide variety of credit and payment products including 0% interest rates, generous cash-back offers, rewards, cards for students, as well as offers designed for customers with less than perfect credit qualifications - customers with poor credit history or no credit history and even students.
How Can CredEx Help Send More Customers to Your Webstore?
CredEx collects customer opt-in information that can be used to drive merchant offers to a receptive audience. These are customers who have visited Great Offers participating merchants and have successfully been issued new credit products. CredEx works with its participating merchants to deliver merchandise offers in a way that boosts sales.
How CredEx Helps You Operate in Today's Difficult Environment
The past few years have seen a general tightening of credit by all financial institutions. Authorization declines are up. Private label credit standards are unusually high. Many alternative payment credit programs are available only to the largest volume merchants. All of these factors negatively impact a merchant's sales. While no one can guarantee credit for all customers, CredEx uses its proprietary technology to match customers with the credit offer they are most likely to be approved for. This helps you close more sales.
Who Responds to Great Offers
Many customers have a favorite credit or debit card for shopping on the Internet. They may have available credit and may be collecting rebates or points. These customers will quickly move through your checkout process. However, there are many potential buyers who are less secure in their financing options. These customers may have revolving credit lines that are limited. They may be dissatisfied with their credit card terms. Or they may have had payment problems. Great Offers helps you deal with reluctant buyers and overcome this friction.
No Technical Integration Required
No technical integration is required to add CredEx Great Offers to your website. The Great Offers icons, provided by CredEx, are easily added to your website and have no impact on any other applications or processes. Just become a CredEx merchant and add the CredEx Great Offers to your website.
No Fees or Charges
CredEx does not charge any setup, activation or account fees. CredEx does not charge any Interchange. In fact, CredEx Great Offers pays you a commission for every approved credit account.
Great Offers Pays You
Great Offers pays you a commission for each customer that gets approved for a credit product.
How to Contact the CredEx Merchant Services Team
Email us at support@credex.net. Or call us at 1-866-298-3757.
How to become a CredEx Merchant
Click here:
CredEx helps you with credit and online account credit card accepting (similar to bill me later, just easier), offering customers payment options to pay by credit card and bill later without needing a merchant account (e.g., through paypal) to accept credit cards.
|
