Street Cred Capital, a Fintech leader providing competitive and affordable lending tools tailored for the mobile industry, today announced a strategic partnership with Real Time Technologies (RT²), a technology service provider specializing in building and delivering enterprise-class software-as-a-service solutions for the mobile phone sector.
This collaborative partnership integrates Street Cred’s configurable portfolio of lending products and services into RT²’s proprietary point-of-sale solutions, which are now used in over 8,000 wireless retailer locations nationwide. By serving as the bridge between mobile industry and lending, Street Cred and RT² are connecting smartphone consumers to multiple lenders with a variety of financing options. The net result is a significant increase in retail sales, margin, and revenue.
“Integrating the Street Cred lending tools with the RT² platform provides a seamless, simple, and significant advantage for our vast, respective distribution channels,” said Clint Fayling, CEO of Street Cred Capital. “Together, we’ll empower mobile phone carriers and retailers to provide customers with unparalleled buying power, which fuels growth by improving average order value, sales volume, and encouraging repeat business.”
With Street Cred’s lending tools integrated into RT²’s enterprise retail management platform, mobile retailers can now provide a full suite of products and services to match the needs of any customer profile. With current supply chain shortages and rising device costs, the trailblazing partnership facilitates sales transactions with a diverse selection of payment options, revenue-generating tools, and programs to increase customer lifetime value.
“Device financing is critical to our wireless retail partners and offering Street Cred’s easy to use lending options to end-consumers is something that resonated with us,” said Omar Azrag, President and CEO of RT². “By bringing Street Cred’s innovative program into our partner ecosystem, we’re able to offer retailers an additional sales tool that creates another engagement opportunity and ultimately empowers customers with choices. We’re always looking to enhance the retail, carrier, and customer experience and this integration is just another way we’re moving that commitment forward.”
For more information about how Street Cred Capital is changing the way consumers access the technology they need in today’s connected world, visit the Consumer Lending page.