Feature 7. It can support the full customer lifecycle The goal of a BNPL product isn’t just a one purchase and done exchange, it’s an ongoing relationship. Because of this, your technology should empower you to grow and nurture that relationship throughout the customer lifecycle. Look for solutions that can support everything from onboarding to fraud management and ongoing credit line management to collections. Using a risk decisioning ecosystem to manage the entire lifecycle results in smarter decisioning and superior consumer experiences. Why? When all of your customer and decisioning data is consumable by that ecosystem it prevents the data silos that stop you from fully identifying risk and empowers the rapid iteration and innovation mentioned above. It also means that instead of using multiple systems to manage different parts of the customer lifecycle, you’re able to use one robust decisioning solution to tackle many processes. It’s both more efficient and more cost-effective.
Reach Your BNPL Goals
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