LaCore Payment Technologies to provide Buy Now, Pay Later through Sezzle Partnership

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LaCore Payment Technologies (LPT) announced its partnership with Sezzle, a company providing alternative payment solutions, in response to the increasing popularity of Buy Now, Pay Later (BNPL).

As the leading global enterprise payments platform, LPT offers integrated business services, including product development, merchant processing, and fraud detection solutions to e-commerce firms mainly in direct selling. With the help of Sezzle’s payment gateway integrated into the LPT platform, the company now provides installment plans which open up alternative payment methods and support flexible shopping. The interest-free service allows consumers to build credit without extra costs to the consumer or merchant. The service is secure and scalable.

Benefits of the LPT BNPL plans include:

  • Reduced Risk – The full order payment is received upfront, eliminating fraud risks
  • Alternative Payment Option – Introducing alternative payment options provides more flexibility for the customer. BNPL buyers pay 25% down at the time of purchase which is then followed by three additional payments over 6 weeks.
  • Growth with New Buyers – BNPL’s popularity is growing constantly with over 60% of shoppers having used the program. New consumers are attracted, looking for a payment method that is not limited by credit and cash flow.

“LPT chose Sezzle because they provide a solution to our customers looking to expand purchase power with alternative payment options. As Sezzle grows in popularity, they provide a trusted, simple, easy-to-use BNPL solution for our e-commerce merchants,” said Terry LaCore, LaCore Payment Technologies Chairman. “Sezzle provides a flexible platform that can be customized to meet the merchant’s needs – a must for our clients.”

Realizing that modern consumers increasingly look for credit alternatives to avoid cash flow limitations and credit card interest, LaCore Payment Technologies looked for a partner which provides advanced technology and is committed to excellence in the marketplace. Sezzle’s support will empower LPT’s customers to expand their businesses and to be flexible, following customer trends and demands.