Sezzle Inc. (NASDAQ: SEZL) (Sezzle or Firm) // – Sezzle, the most well-liked Purchase Now, Pay Later (BNPL) supplier in Canada, is delighted to announce that its modern Cost Streaks characteristic is now obtainable to Canadian customers. Following its profitable launch amongst U.S. shoppers, we’re excited to convey this characteristic to Canada, rewarding Sezzle customers for constantly making well timed funds, selling monetary duty and enhancing the general buyer expertise.
This program empowers Sezzle customers by introducing a gamification method to accountable fee behaviors. Every profitable fee made on or earlier than its scheduled due date contributes to the consumer’s fee streak. As customers accumulate streaks of on-time funds inside a rolling 90-day window, they qualify for development to greater loyalty tiers.
“Launching Cost Streaks for our Canadian customers is a game-changer in selling monetary duty and buyer satisfaction. By turning on-time funds right into a rewarding journey, we’re empowering customers to handle their funds correctly whereas having fun with unique perks.” stated Sezzle Canada GM, Patrick Chan.
Key Options of Cost Streaks:
- Streak Accumulation: Every eligible fee (together with down fee or installment) that’s efficiently paid on or earlier than its initially scheduled due date will depend as one (1) “streak.”
- Tier Development: Customers can improve to the following loyalty tier after reaching the required streak depend throughout the rolling 90-day window.
- Retention Flexibility: Failed funds typically occur. Customers can resolve the failed fee throughout the similar day to take care of their present loyalty tier.
Sure funds, equivalent to these which can be failed, resolved, rescheduled, or related to refunded or canceled orders, don’t qualify for streaks. Funds charged again by banks and long-term financing funds are additionally excluded.
By taking part on this program, customers can get pleasure from advantages equivalent to entries into month-to-month giveaways and bonuses for referring buddies to Sezzle. Detailed info on tier-specific rewards is obtainable on the Cost Streaks web page within the Sezzle app.
“By gamifying well timed funds, we’re not solely encouraging good spending habits but in addition making a extra engaged neighborhood of customers. For retailers, this implies stronger buyer loyalty and belief, in the end driving development and success.” stated Patrick Chan. “As we introduce Cost Streaks to Canadian customers, we’re reinforcing our dedication to shaping a future the place monetary empowerment is accessible to all.”
Cost Streaks is now accessible to each U.S. and Canadian customers (except Quebec) through the Sezzle cellular app. New customers are routinely enrolled in Sezzle’s Loyalty Tiers program upon making a Sezzle account or utilizing Sezzle providers.
