Maver (UK) have a vast product portfolio meaning it isn’t always possible to keep a 100 per cent stock for even the largest fishing tackle retailers. This can make it difficult for the angler to be able to purchase the Maver product they want 100 per cent of the time from their local retailer. However, with Maver Connect it is now possible to see instantly whether a product is in stock and available to order.
The Maver Connect E-commerce website currently allows visitors to the site to browse all Maver product by department and have ordered goods delivered to their local retailer for collection. Goods are paid for in full at checkout via debit or credit card. However, Maver (UK) is now offering interest free credit making the purchase of goods on-line even easier and more affordable.
A press release from the company explained: "The concept of offering finance to facilitate the purchase of higher priced items via the Connect site is not a new one, with a ‘buy now pay later’ (BNPL) finance facility having previously been offered. However, due to the credit application process being paper-based it did not integrate well with the way the Connect site worked. The application process was extremely time consuming and generated a lot of extra administration work with manual intervention needed at almost every stage of the application process. Applications proved extremely difficult to have approved by the bank with a very low acceptance rate.
Taking into account the shortfalls of the BNPL facility, the decision was made to offer a dedicated retail finance solution to prospective customers via an on-line paperless solution seamlessly integrated with our existing website.
Working with our new online finance partner, Pay4Later, our aim is to make the purchase of higher priced items, such as poles and seat boxes, available to as many people as possible. The current economic climate means that, for a lot of keen anglers, disposable income is in short supply and more expensive items like poles and seat boxes are simply out of reach.
With a high approval rate and an easy to use customer interface seamlessly integrated with the existing Connect platform and on-line transaction process, we are confident the number of orders received on-line will increase and our product portfolio will become available to more people than ever before.
The process begins when a visitor to the Maver Connect site selects a finance option at checkout. A secure credit application form (hosted by Pay4Later) is then presented for the customer to complete. The credit agreement is signed on-line via the checking of an e-signature box and submitted. A decision is returned in around five seconds. Upon receipt of a small deposit (min. 10% - max. 50%), the process is complete and the customer is then redirected back to the Maver Connect website. The customer can complete their purchase on-line in just a few minutes. Finance can be applied for over periods of 12, 18 & 24 months on orders worth £300 or more.
Goods ordered on interest free credit via the Maver Connect website must be delivered to the address used during the credit application process (as governed by current UK Distance Selling legislation). The dealership nominated by the customer during the transaction will also still receive a commission for the sale."