PHILADELPHIA, PA — FreedomPay and Citi Retail Services have announced a groundbreaking collaboration aimed at enhancing the shopping experience for consumers. This partnership will enable Citi Pay® products at the point of purchase for interested merchants, providing shoppers with a wider range of lending solutions.
The collaboration between FreedomPay, a leader in commerce technology, and Citi Retail Services, renowned for its expertise in payments, leverages both companies’ strengths. It promises a seamless, user-friendly experience for consumers and merchants, marking a new era of choice and flexibility in point-of-sale lending.
Chris Kronenthal, President at FreedomPay, expressed his enthusiasm for the partnership. “We are excited to work with Citi Retail Services to offer Citi Pay products, giving consumers the ability to make personalized choices when it comes to their lending solutions,” he said. “Our collaboration underscores our dedication to providing cutting-edge commerce technology that empowers consumers and merchants, ultimately improving the overall shopping experience.”
Citi Pay products aim to enhance customer purchase decisions by offering the flexibility to finance purchases based on individual budgets. By partnering with FreedomPay, Citi Retail Services hopes to extend the reach of its Citi Pay products, providing convenient digital payment products to an expanded network of merchants and customers.
Terry O’Neil, Head of Connected Commerce and Strategic Growth for Citi Retail Services, shed light on the potential of this collaboration. “Our collaboration with FreedomPay enables us to seamlessly integrate Citi Pay® Credit and Citi Pay® Installment Loan into merchants’ checkout experiences, making it easier for merchants of any size or scale to bring new payment options and more choice to their customers,” he said. “We look forward to the opportunities the relationship will continue to unlock as we scale our embedded digital payment products over the coming months and years.”
In conclusion, this partnership between FreedomPay and Citi Retail Services is set to revolutionize point-of-sale lending, offering more choices to consumers and ease of integration for merchants, ultimately enhancing the overall shopping experience.
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