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BillFloat's SmartPay Expands Pilot Program to RadioShack
[May 28, 2013]

BillFloat's SmartPay Expands Pilot Program to RadioShack


May 28, 2013 (Close-Up Media via COMTEX) -- BillFloat, a company focused on consumer credit delivery, announced it is piloting its SmartPay instant financing option with new partner RadioShack, providing even more customers access to this payment option in select stores in Houston.

The SmartPay option allows customers to obtain a smartphone and pay for it monthly through an in-store lease-to-own-option, one of the first in the industry. BillFloat introduced SmartPay to the broader wireless industry by exhibiting at the mobile communication industry conference, CTIA 2013.

"The pilot program at RadioShack, brings recognition to SmartPay, which in turn will help consumers upgrade their phones and drive revenues for retailers," said Ken Pedotto, SmartPay General Manager at BillFloat. "SmartPay's approach is going to transform how the industry looks at financing smartphones. Here at the CTIA conference, that message of innovation resonates among mobile industry leaders and thinkers." SmartPay leverages a real-time, proprietary decision-making platform that works in-store or online to help expedite leasing delivery to consumers. Immediate underwriting decisions allow approved consumers to go home with smartphones the same day they need them. The new SmartPay partners add continued traction to current agreements with MetroPCS, Virgin Mobile and CSpire.


BillFloat noted its More-Time-To-Pay platform connects lenders with retailers and service providers to provide instant financing solutions for consumers and small businesses. The MTP platform delivers these instant financing solutions online, in-store and via mobile. BillFloat, based in San Francisco, was founded in 2009 by a team of experienced financial services entrepreneurs with backing from venture capital firms.

More Information: www.moretime2pay.com ((Comments on this story may be sent to [email protected]))

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