Today's shopper is demanding a better way to pay. Do you have the right financing platform?
Half the US has a FICO score below 700, and financing options are limited.
47% of US customers need financing for a purchase of $400 or more. Non-prime customers are shopping, but without lease-to-own or no credit needed financing options, they simply won’t buy. When it comes to purchasing durable goods like furniture or electronics, non-prime customers are often forced to make low-quality purchases or go without.
Katapult helps you capture this missing segment and allows them to pay over time through a transparent lease application process that utilizes our proprietary decisioning logic.
See How it Works
By offering our seamless checkout solution that provides approval notifications in less than 5 seconds, you make it easy for your customers to shop how they prefer, often with a single tap. With a simpler buying process and transparent lease-to-own options.
Customers Shop as Normal
Your customer shops online and selects Katapult at checkout. We provide retailers multiple options of customized call-outs as part of our integration process.
Your customer goes through Katapult’s easy approval process. With only 14 fields and a 5-second approval notification, your checkout process remains frictionless.
Retailers get funded within 1-3 days while Katapult takes on the risk. Our teams have revolutionized risk decisioning through years of research and proprietary internal tools.
You build customer loyalty by keeping online conversion strong and see a lift in average order value while offering personalized, instant financing to online shoppers.
Katapult Checkout is built to automatically give you the best lease-to-own checkout solution while focusing on what matters most to your business; your customers and products.
New shoppers, incremental sales
When you partner with Katapult, you’ll be featured in our Shop Directory which drives high-converting customers to our merchants every day.
Higher conversion, bigger carts
On average, Katapult partners see a substantial increase in conversion rates and average order value.
Retailers see higher repeat purchase rates and greater customer satisfaction when Katapult is offered at checkout. Our net promoter score (NPS) of 47 is among the highest in the retail space- along with Apple, Microsoft, and Amazon.
We take on the risk
Katapult takes on credit and fraud risk and pays retailers up-front, while customers pay over time.
Available on the following platforms
Katapult is the only lease-to-own platform that integrates with major e-commerce platforms to power online shopping and lives in-store as a cloud-based portal. We also have flexible APIs if you’re looking for something custom. Our Development Resources page provides more information and integration tools.