LONDON, August 12, 2011 /PRNewswire/ --
Pay4Later, one of the UK's leading point of sale finance providers, has been given approved supplier status by The Company of Master Jewellers (CMJ) to provide in-store and online consumer finance solutions to their member retailers.
Pay4Later offers a range of finance solutions, including interest free credit to over 140 CMJ members with more than 240 retail outlets across the UK. The agreement will allow CMJ member retailers to offer more flexible payment solutions that help customers spread the cost of larger purchases.
CMJ is the largest independent jewellery buying group in the UK. Members range from established family jewellers to some of the most dynamic and forward thinking contemporary jewellers in the country.
Scott Law, Managing Director of Pay4Later, said, "We're delighted to be working with CMJ and their members to offer promotional finance solutions that increase sales by attracting new customers, boosting impulse purchases and raising average order values."
Willie Hamilton, CEO of The Company Master Jewellers, commented, "We have approved Pay4Later due to the company's strong support for independent retailers and their experience of the jewellery market.
"Pay4Later provides our members with the ability to offer credit both in-store and online, from one system. Customers fill out a simple form and receive an instant decision. They sign their agreement online so there's no paperwork which means our members are paid faster too."