DivideBuy is an independent lender revolutionizing Point of Sale Interest-Free Credit for E-commerce and Omni-Channel Retailers. As a leading British Fintech, DivideBuy’s technology and ground-breaking lending model help their retailers convert more of browsing visitors into paying customers by increasing conversions and sales.
Sigma has helped UK based DivideBuy with a platform that allows eCommerce companies to use DivdeBuy as a “buy now pay later” payment method for permissible categories of eligible customers.
Business Needs & Challenges
Key business needs and challenges of developing an outstanding digital lending solution
Client’s system was tied up with multiple retailers and some of the retailers had stores in Magento and others in Non-Magento.
Their retailers have different versions of Magento with so many plugins installed which were conflicting with each other.
Client wanted a plug and play solution to make their qualified shoppers do payments in installments.
They needed intelligent payment options based on retailer, product, customer credit, etc.
The Client needed a system that has role based access to features and data.
DivideBuy turned to Sigma, and our experts worked closely with the client to develop a suite of solutions to meet diverse needs of our client and retailers.
The Client got access to this new platform within 6 months.
They can now run verification and pricing rules to determine a customer’s eligibility.
Customers can now make purchases using the interest-free credit model with ease.
Access to a simple, fast and cost-effective digital lending solution.
Offering an alternative payment method to their customers increased average basket values and reduced basket abandonment.
Tools & Technologies
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