A Los Angeles-based specialty lighting retailer is offering flexible, interest-free payments to online shoppers.
Lamps Plus is exclusively partnering with payments solution platform Sezzle Inc. to let customers on its e-commerce site pay for products in four interest-free installments over six weeks, with no impact to their credit score. In addition to enabling consumers to “buy now, pay later” (BNPL) for online purchases, Sezzle also allows them to build credit via Sezzle Up, a feature that gives users the ability to report payment history to credit bureaus and build their credit scores.
Sezzle will feature Lamps Plus among retail partners in both its app and online shopping directory. According to Lamps Plus, it is eager to grow its demographic of millennial and Gen Z shoppers, who represent a sizable portion of Sezzle’s user base. The retailer also sees Sezzle's payment options as appealing to new homeowners who may need a financial break while dealing with renovation and moving expenses.
"Lamps Plus chose Sezzle as a buy now, pay later financing option to offer customers flexibility through a myriad of payment options," said Lamps Plus president Clark Linstone. "Sezzle's payment flexibility makes Lamps Plus a more enticing shopping option for savvy, home image-conscious millennial and Gen Z customers."
"Lamps Plus offers a substantial value to Sezzle," said Sezzle president Paul Paradis. "Our customers will be excited to use Sezzle at Lamps Plus. Additionally, Sezzle attracts engaged shoppers, resulting in increased sales, larger basket sizes and higher conversion for Lamps Plus."
Lamps Plus is the largest U.S. specialty lighting retailer, operating a national e-commerce business along with 36 stores in the western U.S.