FuturePay

From all of us at FuturePay, we hope you’ll find the time to relax, recharge and have a well-deserved break this holiday season. Our best wishes to you and your family in 2023!

Why settle for a solution that lets shoppers pay for a one-time gift when merchants can instead offer a revolving line of credit that can finance multiple purchases forever? Read our latest article on digital revolving credit in Retail IT Insights https://www.retailitinsights.com/doc/digital-revolving-credit-the-ecommerce-gift-that-keeps-on-giving-0001

Digital Revolving Credit: The eCommerce Gift That Keeps On Giving As online merchants prepare for gift-giving season, it’s an ideal time for them to assess how the financing options they offer at checkout align with their strategic objectives. Do they help build brand loyalty and foster long-term customer relationships? Do they generate opportunities for....

Your E-commerce Payment Processes Need These 3 Updates in 2023 - learn more from our latest article in DevPro Journal.

Your E-commerce Payment Processes Need These Updates in 2023 Here are three website enhancements that will add significant incremental value to today’s popular e-commerce platforms.

Ready for a cutting-edge financing solution? FuturePay has integrated it's MyTab digital revolving credit platform with Bold Commerce headless commerce. Read today's ACCESSWIRE press release ➡️ https://bit.ly/3exwRMV

We’re excited to share some really big news in the world of e-commerce purchase financing. Announcing MyTab - a cardless revolving line of credit that allows your customers to apply once, buy often and pay later. Free yourself from the hassles of credit cards or the short-term limitations of single purchase “BNPL” installment loans. Sign up now and enjoy a promotional 1.5% merchant fee (discounted from the normal 3%) for the rest of 2022! https://futurepay.com/

FuturePay is proud to announce a partnership with Cross River Bank!
https://accesswire.com/706942/FuturePay-Holdings-Inc-Announces-Partnership-with-Cross-River-for-MyTab-Platform

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FuturePay Holdings Inc. Announces Partnership with Cross River for MyTab Platform SOUTH JORDAN, UT / ACCESSWIRE / June 29, 2022 / FuturePay Holdings Inc. ("FuturePay"), a provider of digital revolving credit solutions, announced that it has signed an agreement with Cross River, a technology infrastructure provider that offers embedded financial solutions, for the company's MyTab&...

Check out this article on digital revolving credit, published today in Retail IT Insights:
https://www.retailitinsights.com/doc/digital-revolving-credit-getting-more-mileage-from-your-e-commerce-customers-0001

Digital Revolving Credit: Getting More Mileage From Your E-Commerce Customers Fintech solutions that offer flexible credit options allow merchants to increase average lifetime value and engender customer loyalty.

Here's an article on Digital Revolving Credit we wrote which was just published in DevPro Journal
https://www.devprojournal.com/technology-trends/payment-processing/digital-revolving-credit-builds-on-the-pros-and-reduces-the-cons-of-buy-now-pay-later-and-credit-cards/

Digital Revolving Credit: Builds on the Pros and Reduces the Cons of Buy Now, Pay Later and Credit Cards Digital revolving credit has emerged as an attractive Buy Now, Pay Later alternative for e-commerce merchants and their customers.

New FuturePay blog on web page speed and conversions
https://www.futurepay.com/blog/web-page-speed-and-conversions/

Web Page Speed and Conversions - FuturePay Reports show a direct link between page speed and conversion rates. Merchants should ensure that their sites are as fast and efficient as possible.

New FuturePay article posted in MultiChannel Merchant!

https://multichannelmerchant.com/ecommerce/the-bnpl-explosion-and-digital-revolving-credit/

The BNPL Explosion and Digital Revolving Credit - Multichannel Merchant Digital revolving credit offers greater benefits for merchants than standard BNPL, driving recurring revenue and boosting customer loyalty.

Happy Holidays from the FuturePay team.

May your Days be Merry and Bright!

Recent press on FuturePay's partnership with Axon Ivy!:


11/9 Axon Ivy to integrate with FuturePay's BNPL solution
http://www.greensheet.com/newswire.php?newswire_id=54595&search_string=futurepay


11/10 Axon Ivy to Automate Compliance and Underwriting Activities for FuturePay’s Innovative BNPL Solution
https://multichannelmerchant.com/press-releases/axon-ivy-to-automate-compliance-and-underwriting-activities-for-futurepays-innovative-bnpl-solution/


11/11 Axon Ivy To Automate Compliance And Underwriting Activities For FuturePay's Innovative BNPL Solution
https://www.retailitinsights.com/doc/axon-ivy-to-automate-compliance-and-underwriting-activities-for-futurepay-s-innovative-bnpl-solution-0001


11/11 Axon Ivy To Automate Compliance And Underwriting Activities For FuturePay's Innovative BNPL Solution
https://www.varinsights.com/doc/axon-ivy-to-automate-compliance-and-underwriting-activities-for-futurepay-s-innovative-bnpl-solution-0001

Axon Ivy To Automate Compliance And Underwriting Activities For FuturePay's Innovative BNPL Solution Axon Ivy,a leading DPA platform provider, announced it has been selected by FuturePay Holdings Inc.to integrate its solution into FuturePay’s digital revolving credit payment platform.

Join us for a live webinar on November 4th to learn how modern customers expect to buy and pay, best practice tactics for alternative payments and how to choose the right BNPL vendor for your website. https://app.livestorm.co/futurepay/webinar-how-to-increase-your-repeat-business-with-new-buy-now-pay-later-solutions?type=detailed

FuturePay Headquarters in South Jordan, Utah is now open! CEO Tim Harris, Executive Chairman Ron D'Vari, James P. MacPherson, Jr, Tommy Baltzis, and Matt Lewis had a blast while cutting the ribbon, making it official.

We are excited about the next step of FuturePay's journey where we come together to bring retailers and customers to the forefront of innovation in Fintech.

Retail IT Insights has featured an insightful article from FuturePay on why Digital Revolving Credit is a better version of BNPL For Retailers. https://www.futurepay.com/blog/digital-revolving-credit-a-better-version-of-bnpl-for-retail-ecommerce/

Digital Revolving Credit: A Better Version Of BNPL For Retail eCommerce - FuturePay Buy Now, Pay Later (BNPL) has rapidly become a popular online purchase financing option, particularly with growing consumer demographic groups such as Millennials. Digital Revolving Credit enhances those benefits.

JetRails has mentioned FuturePay as one of the most prominent Buy Now Pay Later (BNPL) players! The BNPL market has never been so hot, and we're excited to be a big part of it. https://jetrails.com/blog/ecommerce-buy-now-pay-later-is-trending/

eCommerce Buy Now Pay Later is Trending Learn about how eCommerce Buy Now, Pay Later (BNPL) is helping merchants increase conversions and even attract new shoppers.

Our article in Retail IT Insights magazine discusses how crucial it is for retailers to provide customers with a one-click online financing option on their e-commerce storefronts. Read on to learn how this simple alternative to credit cards encourages repeat purchases in the mid-tier range. https://www.futurepay.com/blog/effective-online-financing-an-ecommerce-necessity/

Effective Online Financing: An eCommerce Necessity - FuturePay FuturePay's latest article, in Retail IT Insights magazine, discusses how crucial it is for retailers to provide customers with a one-click online financing option on their ecommerce storefronts. This simple alternative to credit cards encourages repeat purchases.

We're excited to be included in a Forbes magazine article addressing the state of the online payments industry! https://www.forbes.com/sites/ronshevlin/2021/07/13/paypals-domination-of-mobile-payments-is-coming-to-an-end/?sh=50f68c272e6d

PayPal’s Domination Of Mobile Payments Is Coming To An End PayPal is hardly in danger of becoming obsolete, but it will see its dominance in mobile payments chipped away as: 1) Google transforms Google Pay; 2) Buy Now, Pay Later gains traction in the US; and 3) in-network payment adoption and use grows.

An insightful take from McKinsey & Company on how “buy now, pay later” (BNPL) solutions are more than pure financing offerings - the leading providers are building integrated shopping platforms that engage consumers through the entire purchase journey. https://www.mckinsey.com/industries/financial-services/our-insights/buy-now-pay-later-five-business-models-to-compete #

Buy now, pay later: Five business models to compete Financing at the point of sale may be a small share of unsecured lending in the United States today, but it’s growing fast. Banks seeking long-term growth should explore market entry, and merchants should reassess their financing offers.

Are you rushing customers through checkout? Don't forego additional revenue-generating opportunities. Instead, increase AOV by offering a richer engagement experience and applying upselling techniques. Here are 5 ideas to consider: https://www.futurepay.com/blog/five-ways-to-design-an-aov-enhancing-user-experience/

Five Ways to Design an AOV-Enhancing User Experience - FuturePay Retailers who rush purchasers through checkout forego additional revenue generating opportunities. By offering a richer engagement experience and applying upselling techniques, merchants can increase average order value (AOV).

When consumers pay for a high-ticket item through a BNPL installment plan, they are emotionally committed to only that purchase. How do you keep customers coming back? Think digital revolving credit - not only you're giving shoppers incentives for recurring purchases, but also building brand loyalty. Read more: https://www.futurepay.com/blog/creating-a-sustainable-business-model-through-digital-revolving-credit/

Creating a Sustainable Business Model Through Digital Revolving Credit - FuturePay Certain installment-based BNPL providers have experienced the downside of serving the ecommerce market: greater risk of default. However, ecommerce providers can build a more sustainable business model through digital revolving credit.

Mercator Advisory Group's latest report looks at how lifecycle landing is shaping the landscape. "Don’t settle for financing one transaction; bring in the consumer and watch how they pay and transact", says Brian Riley, Director of Credit Advisory Service at Mercator Advisory Group. FuturePay team couldn't agree more - we're thrilled to see becoming a new normal in https://www.paymentsjournal.com/bnpl-the-times-they-are-a-changin-for-credit-cards/

BNPL: The Times They Are a-Changin' for Credit Cards One of the highlights of our recent Buy Now Pay Later research report was that the market is in a state of flux. Yes, fintechs gained.

New article on digital revolving credit just published in DevPro Journal!
https://www.devprojournal.com/technology-trends/payment-processing/credit-capabilities-your-online-users-need/

Credit Capabilities Your Online Users Need - DevPro Journal Developers should continue to advance the ecommerce initiatives of retailers—some of whom are still novices when it comes to online payment offerings.

Nice mention of FuturePay in this month's DevPro Journal
https://www.devprojournal.com/industry/retail/retail-industry-trends-software-developers-need-to-respect/?utm_source=newsletter-63&utm_medium=email&utm_campaign=Newsletter-63

Retail Industry Trends Software Developers Need to Respect - DevPro Journal Retail industry trends post-COVID-19 include a digital-first strategy and a demand for new payment options. Also in 2021, plan for the continued rise of millennials’ buying power.

Check out the new FuturePay article on Digital Revolving Credit published today in MultiChannel Merchant:
https://multichannelmerchant.com/blog/digital-revolving-credit-increasing-aov-reducing-cart-abandonment/

Digital Revolving Credit: Increasing AOV, Reducing Cart Abandonment - Multichannel Merchant Digital revolving credit can help merchants translate payment strategy into increased sales, reduced cart abandonment and a boost in loyalty.

New FuturePay article on Digital Revolving Credit published today in Mobile Marketing and Technology:
https://www.mobilemarketingandtechnology.com/post/digital-revolving-credit-to-recurring-purchases

Digital Revolving Credit to Recurring Purchases How Digital Revolving Credit Translates into Lucrative Recurring Purchases By Tim Harris, Chief Executive Officer, FuturePay Holdings Inc. Digital credit offers an extraordinary opportunity for e-commerce merchants to tap into a generation of consumers who prefer online shopping to traditional retai...

FuturePay is helping system integrators increase LTV for their e-commerce merchant clients

https://finance.yahoo.com/news/futurepay-announces-mytab-digital-revolving-210000855.html

FuturePay Announces Its MyTab Digital Revolving Credit Solution Is Available for Integration With Major Ecommerce Platforms System integrators can leverage digital revolving credit to increase repeat purchases, improve customer loyalty, and drive higher average order value for their merchant clientsNEW YORK, NY / ACCESSWIRE / November 10, 2020 / FuturePay Holdings Inc.

Green Sheet Interview with Tim Harris - CEO of FuturePay
http://www.greensheet.com/breakingnews.php?article_id=2450

Green Sheet interviews FuturePay Tim Harris is CEO of FuturePay, which provides digital revolving credit solutions to ecommerce merchants. With FuturePay, merchants can offer consumers a "buy now, pay later" alternative to traditional credit card payments. In this interview, he discusses FuturePay's genesis, how digital revolving c...

Check out this article on revolving credit for millennials!
https://www.mobilepaymentstoday.com/blogs/courting-millennials-through-digital-revolving-credit-solutions/

Encouraging millennials to use digital revolving credit solutions Millennials have grown up with technology and generally avoid traditional credit cards in favor of digital payments. Tim Harris, CEO of FuturePay outlines how to interest this group in digital revolving credit solutions.

FuturePay Acquisition Press Release
https://finance.yahoo.com/news/newoak-finance-inc-announces-acquisition-120000922.html?.tsrc=fin-srch

NewOak Finance Inc. Announces Acquisition of FuturePay Tim Harris Named CEO; New Management Team Will Invest in Technology and Enhance Go-to-Market StrategyNEW YORK, NY / ACCESSWIRE / July 23, 2020 / NewOak Finance Inc.