Level 1 Sponsor
Sezzle is an alternative payment platform that helps merchants increase online sales by enabling shoppers to pay for their purchases with interest-free installment plans.
Sezzle increases conversions by 10% and basket sizes by 55%, on average. And we pay our merchant partners upfront for the entire purchase total, eliminating all risk of fraud or nonpayment.
When a consumer pays with Sezzle, their purchase is split into four interest-free installments, automatically deducted every two weeks for the next six weeks. This enables shoppers to spread their purchase over four paychecks, without paying any interest or fees.
Sezzle is an ideal payment method for the 67% of consumers under age 35 who don’t own a credit card. And because most young consumers have sub- or non-prime credit scores, we use a proprietary algorithm over traditional credit checks to determine credit worthiness. This enables us to approve around 70% of applicants, which is more than double the approval rate of most consumer financing solutions.