Press Releases Versatile Credit Offers New In-Store Finance Application Options Published 4 years ago on June 12, 2017 By INSTORE Staff Share Tweet They use tablets and merchant-owned computers. (Press Release) MECHANICSBURG, PA – Versatile Credit, a provider of solutions linking lenders with consumers applying for credit in retail stores, announced new in-store credit approval service options using tablets and merchant-owned, web-enabled computers. The solutions are ideal for jewelry retailers where counter and floor space is often limited, the company said. Versatile Credit recently launched tablet and computer options to complement its existing line of floor-standing and tabletop kiosks, creating the industry’s widest array of in-store credit application choices. Kevin Lawrence, vice president of sales and marketing for Versatile Credit, said the company will continue to partner with leading consumer credit providers to present more finance options for national and independent jewelry retailers. “We know customers often need extra credit to make their jewelry purchases,” he said. “We also know how critical display space can be in many jewelry stores. Now we can offer these retailers choices – kiosks, tablets and their own web-enabled computers – to access our leading credit application service.” Consumers enter their credit data in private using any of the devices. Decisions are returned in seconds. Denied applications can cascade to second-look and no-credit-required options. The Versatile Credit system results in increased applications, reduced denials and increased sales for retailers. Advertisement Also, the application process requires limited involvement from store personnel. All data is digitally transmitted to lenders, leaving no sensitive information for retailers to protect. Versatile Credit encrypts all data to maintain its integrity throughout the process. The Versatile Credit system is used in thousands of North American jewelry and other big-ticket retail storefronts. Since 2007, applications using the system have resulted in more than $16 billion in approved credit. Related Topics: FinancetechnologyVersatile Credit click to Comment(Comment) Up Next Kassoy Rolls Out New Product Catalog Don't Miss Most Wanted: Bonnie Parker’s 3-Headed Snake Ring Made by Clyde Barrow Up for Auction Continue Reading Advertisement SPONSORED VIDEO Wilkerson Testimonials Retirement Made Easy with Wilkerson The store was a landmark in Topeka, Kansas, but after 80 years in business, it was time for Briman’s Leading Jewelers to close up shop. Third generation jeweler and owner Rob Briman says the decision wasn’t easy, but the sale that followed was — all thanks to Wilkerson. Briman had decided a year prior to the summer 2020 sale that he wanted to retire. With a pandemic in full force, he had plenty of questions and concerns. “We had no real way to know if we were going to be successful or have a failure on our hands,” says Briman. “We didn’t know what to expect.” But with Wilkerson in charge, the experience was “fantastic” and now there’s plenty of time for relaxing and enjoying a more secure retirement. “I would recommend Wilkerson to any retailer considering a going-out-of-business sale,” says Briman. “They’ll help you reach your financial goal. Our experience was a tremendous success.” You may like How to Maintain Perspective, Upgrade Your Wish Lists, and More Tips for December Not Embracing Tech? 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