Bengaluru-based B2B retail tech platform, Arzooo, has launched its fintech service called Arzooo Pro Finance. The new service aims to assist offline retailers in increasing in-store sales conversion and promoting the sale of higher-value products to aspiring shoppers.
Arzooo’s CEO, Khushnud Khan, expressed excitement about bringing a cutting-edge checkout solution for offline retail, which transforms stores into powerful financial hubs. The service enables retailers to offer consumer finance and accept payments through various methods effortlessly. In addition, Arzooo Pro Finance aims to promote financial inclusion by catering to new-to-credit shoppers and providing them with opportunities to improve their financial access and upgrade their lifestyles.
The introduction of this new service positions Arzooo as a facilitator for the high-value retail sector, focusing on enhancing consumer durable financing and payments. The checkout solution will include multiple payment options such as credit cards, debit cards, net banking, and UPI. Additionally, the service will offer instant consumer finance to retail shoppers who have limited or no credit history.
Arzooo Pro Finance will operate on a subscription-based model, allowing retailers to select from annual plans based on their requirements. Currently, Arzooo offers over 20,000 products to retailers across India and has established partnerships with more than 50,000 stores.
