Point Of Sale Financing
Point Of Sale Financing is a payment option that allows customers to finance their purchases directly at the time of sale. This means that when you buy a product or service, you can choose to pay for it over time rather than all at once. This option is often offered by retailers and can make larger purchases more manageable for consumers.
Typically, Point Of Sale Financing involves a quick application process, often completed on a tablet or smartphone at the checkout. If approved, customers can receive a loan or credit line to cover their purchase, making it easier to afford items like electronics, furniture, or even medical services.