Allows you to host our finance application journey on your website up to point of E-sign.
Frictionless process and customisable messaging, resulting in a positive user experience and reduced drop-off rate for your business.
Customers don’t leave your website prior to E-sign of the loan agreement, so friction in the buying process is minimised.
The application process will be aligned with your brand.
Online application, with in store transaction completion is possible.
You are likely able to approve more applications and can direct declined customers to alternative payment methods.
Allows for ‘soft’ credit search and a budget for your customer early in the journey, to provide affordability transparency.
74.5%
of the global shoppers abandoned their cart. A key driver is offering insufficient payment options.
J.Clement, Shopping cart abandonment rate worldwide 2020, by industry - Statista - June 30, 2020
57%
of consumers now say that the availability of digital payment options would impact their choices of where to shop.
Pymnts.com, The How We Shop Report, September 2020
59%
of consumers abandon their cart because of a lack of payment options.
Susannah Morris, Psychology of Ecommerce Sales: Consumers and the Ecommerce Checkout (infographic), Hubspot - August 03 2017
Apply
The customer completes their application on your website.
Retrieve
The information reaches etika via APIs.
Decide
etika returns a status notification to you with a decision.
Present
You can display the decision to your customer while they are still on your website.
E-sign
If approved, your customer is directed to E-sign the contract on our site. If it is declined, you can offer your customer an alternative payment method.
Complete
If approved, your customer completes the transaction on the website or in store.
etika (a trading name of etika Finance UK Ltd) is a company registered in England and Wales 07440512 and authorised and regulated by the Financial Conduct Authority, registration number: 697658. Company address: Suite 1.02, Colony Flint Glassworks, 64 Jersey Street, Ancoats, Manchester, England, M4 6JW. Copyright © year etika. All rights reserved.
