I4 Commerce Launches Private Label Credit Offering

Wednesday 20 October 2004 09:35 CET | News

I4 Commercehas expanded its product line to include a fully customizable private label credit program. The new program leverages the innovation and technology developed for the companys Bill Me Later payment system.

Ross-Simons, a current Bill Me Later customer, is the first merchant to expand its relationship with I4 Commerce by offering the Ross Simons Preferred Customer Card. With the I4 Commerce private label program, merchants have access to a completely customized, full-featured credit and loyalty program, including promotional financing offers, rewards programs, dedicated credit lines and branded statements and cards. This new program offering is available to select merchants that currently offer Bill Me Later. Offered together, the two products provide retailers with unmatched tools to drive sales and loyalty across all channels -- online, catalog and in-store. The private label program, like the companys Bill Me Later product, is integrated through Paymentech LLC, a leading payment processor. This allows merchants to establish a full-feature private label credit program in a short period of time by leveraging their existing payment processing software. Funding and reporting of sales are consolidated into the merchants existing processes supported by Paymentech. Ross-Simons launched its Ross-Simons Preferred Customer Card in September. Ross-Simons customers will now be able to apply for the Preferred Customer Card online, via telephone or at Ross-Simons stores. The Ross-Simons Preferred Customer Card will offer 10% off the first in-store purchase as well as free shipping for the first online or catalog purchase. Customers will also have access to exclusive deferred billing and promotional financing programs. Preferred Customer Card holders also benefit from exclusive services such as free jewelry cleaning.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce