7 Jun 2018 07:00
ThinkSmart Limited (AIM: TSL)
7 June 2018
ThinkSmart Announces Launch of ClearPay with Aurum Group Limited
ThinkSmart Limited (AIM:TSL), a leading digital payment solutions provider, today announces that Aurum Group will be launching ClearPay, ThinkSmart's first to market, interest-free digital payment solution designed for millennial shoppers, on WatchShop.com, the leading online watch and jewellery store.
ThinkSmart's ClearPay solution enables customers to spread the cost of their purchases up to the value of £450 over three equal, interest-free monthly payments which they can control from the ClearPay mobile app. ClearPay is built on ThinkSmart's proprietary technology platform, SmartCheck and benefits from the business's 15 plus years of operating in the UK retail point of sale space.
ClearPay is easily integrated into retailer systems, enabling the retailer to offer a new digital payment method. Aurum Holdings joins a fast growing roster of quality consumer brands already benefitting from the ClearPay platform.
Aurum Group is a leading operator in the watch and jewellery sectors, and the owner of brands such as WatchShop, Watches of Switzerland, Mappin & Web and Goldsmiths, amongst other outlets.
Commenting, Ned Montarello, ThinkSmart's Executive Chairman, said:
"We are delighted to announce Aurum Group as the latest high quality partner to launch ClearPay's market leading digital solution. Aurum joins a growing list of quality consumer brands currently experiencing the first to market benefits offered by ClearPay.
"ClearPay leverages our proprietary IP and mobile app, and is underpinned by our 15 years of operations in the UK market. The solution serves a clear demand from millennial consumers for straightforward, interest-free digital payment solutions and benefits from first mover status in the UK market."
For further information please contact:
ThinkSmart Limited | Via Instinctif Partners |
Ned Montarello | |
Instinctif Partners | +44 (0)20 7457 2020 |
Giles Stewart |
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Rui Videira |
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Notes to Editors
About ThinkSmart Limited
ThinkSmart Limited is a leading digital payments company and provider of point of sale retail finance for both consumers and businesses. ThinkSmart's solutions are underpinned by its innovative and scalable proprietary technology platform, 'SmartCheck'. The business recently launched its first to market, digital payments solution, ClearPay to complement existing point of sale finance offerings. Since it commenced operations in the UK in 2003, the Group has processed in excess of 350,000 individual applications.