Retail Finance is Changing How Businesses Sell
A survey found that 25% of retailers saw higher sales after introducing retail finance, with another 15% reporting moderate increases. In total, 40% of businesses experienced sales growth simply by giving customers the option to spread payments.
At the same time, demand for instalment plans has increased, with 45% of consumers now valuing the ability to split payments - a 7% rise in just one year.
If you’re thinking about offering retail finance, choosing the right provider is important. A good multi-lender platform can increase average order values (AOV), reduce cart abandonment, and give customers more flexibility. This blog looks at how Dopple helps businesses set up retail finance in a way that works for them.
What Makes Dopple Different?
Dopple is built to help businesses offer flexible payment options through a multi-lender model. This means customers have more choices, and businesses have a better chance of getting finance approved. Here’s how Dopple compares to traditional retail finance solutions:
Feature | Dopple | Traditional Finance Platforms |
Multi-Lender Model | Access to multiple lenders for better approval rates. | Often limited to a single finance provider. |
Customer Choice | A range of finance options to suit different needs. | Fewer choices and less flexibility. |
Integration | Works with major eCommerce platforms. | Can require a complex technical setup. |
Approval Rates | Higher approval rates with lender matching. | Approval rates may be lower. |
Merchant Support | Focuses on helping businesses get more from finance options. | Standard support with fewer tailored solutions. |
Dopple’s multi-lender platform allows more customers to find a finance option that works for them, making it easier for businesses to offer payment flexibility.
What Merchants Say About Dopple
Customer reviews are one of the best ways to see how well a finance platform works. Here’s what merchants have said about Dopple’s retail finance service:
Platform | Trustpilot Rating | 5-Star Reviews | Key Takeaway |
Dopple | 4.6/5 | 94% | Reliable and trusted by businesses. |
Dopple’s strong rating reflects its focus on helping businesses provide finance options that work for both them and their customers.
Why Dopple is a Good Choice for Retail Finance
1. More Customers Get Approved
Dopple’s network of lenders means more people can access finance, which helps businesses avoid lost sales.
2. Designed for Businesses
Dopple works with merchants to increase average order value and improve customer retention by offering finance options that suit different budgets.
3. Easy to Set Up
Dopple works with major eCommerce platforms, so businesses can start offering finance without a complicated setup.
Why Multi-Lender Retail Finance Works Better
A multi-lender platform like Dopple gives businesses and customers more options:
✔ More Customers Approved – A wider range of lenders means a better chance of approval.✔ Flexible Payment Choices – Customers can pick the finance option that works best for them.✔ Fewer Abandoned Carts – Businesses using multi-lender platforms see fewer lost sales at checkout.
FAQs About Retail Finance
Q: How do multi-lender platforms improve approval rates?
A: Multi-lender platforms match customers with different lenders, increasing the likelihood of approval.
Q: How easy is it to integrate retail finance into my website?
A: Dopple’s system is built to work smoothly with eCommerce platforms, making the setup simple.
Q: Is retail finance suitable for small businesses?
A: Yes, any business that sells products or services can offer finance options to give customers more payment flexibility.
Start Offering Retail Finance with Dopple
Giving customers the option to pay in instalments can help businesses increase sales, reduce cart abandonment, and attract more buyers. With Dopple’s multi-lender retail finance platform, you can:
✔ Give customers more payment options
✔ Increase order value and reduce checkout drop-offs
✔ Easily integrate financing into your website
Interested in offering retail finance? Contact Dopple today to find out how it can work for your business.
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