Paul Paradis- Sezzle- Giving You the Power to Buy Now and Pay Later with No Interest and No Credit Check
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 3 April 2018
⏱️ 28 minutes
🧾️ Download transcript
Summary
Sezzle is a new digital payment platform that is giving consumers the purchasing power afforded by traditional credit cards but in an interest-free and credit check-free manner. To date, nothing like it has been released in the US, and it's quickly gaining traction.
Here's how it works: once a user signs up and attaches their bank account to the Sezzle platform, they can go to any merchant that has an agreement with Sezzle and make purchases by using Sezzle as the payment method. Sezzle will collect 25% of the purchase total at the time of the sale, and will automatically deduct from consumers' bank accounts 25% of the purchase total every two weeks over a total of six weeks.
Since there is no credit check required, this model has been particularly popular among young people who, despite having a steady income, have little to no credit and therefore find it difficult or even impossible to obtain credit through traditional means. Merchants are benefitting too: customers purchase an average of 55% more goods when paying with Sezzle, which has increased merchant sales by about 8%. Tune in to learn more.
Transcript
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| 0:00.0 | Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:07.8 | Future technologies, ways to transform our lives for better or worse, are the focus of this podcast. |
| 0:13.4 | Almost here means these technologies are now here and starting to be used, or just around the corner. |
| 0:19.5 | From Bitcoin to artificial intelligence, 3D around the corner, from Bitcoin to artificial intelligence, |
| 0:21.9 | 3D printing, blockchain, virtual reality, and more. |
| 0:32.4 | Coming to Dallas, Texas, September 14th, 15th, and 16th, 2018, the Blockchain and Future Tech Expo. |
| 0:40.3 | This is going to be a gigantic conference of over 5,000 people. We're going to be talking about |
| 0:45.8 | blockchain and its applications. We're going to be talking about quantum computing, cybersecurity, |
| 0:51.4 | artificial intelligence, and several other future technologies that are poised to and |
| 0:56.6 | actually changing our lives as we speak. |
| 0:59.0 | Here's why you should attend. |
| 1:01.0 | As you may know, early adopters are the ones that investigated and profited from things like |
| 1:06.0 | the gold rush in the 1800s, from the dot-com boom in the 1990s, from the internet boom in 2005, from the smartphone explosion in the 1800s, from the dot-com boom in the 1990s, from the internet boom in 2005, from |
| 1:13.4 | the smartphone explosion in 2007, from the real estate boom that ended in 2008, and of |
| 1:19.2 | course from the Bitcoin boom that started in 2012. Early adopters act now, they don't |
| 1:24.8 | wait till later. They go out west first and they're covered wagons. They find the biggest gold nuggets. |
| 1:30.3 | If you consider yourself an early adopter and you want to find the biggest nuggets, then you owe it to yourself to attend this upcoming conference. |
| 1:37.3 | Blockchain is going to affect how we control and store our medical data, how we send money around the world, how we bank, and more. |
| 1:46.0 | But artificial intelligence, quantum computing, and cybersecurity will play a pivotal role in our lives as well. |
| 1:52.0 | And that's why our next event, September 14th to the 16th at the Dallas Convention Center, |
| 1:58.0 | is going to have not only 5,000 plus attendees, but will showcase blockchain, |
| 2:02.6 | AI, cybersecurity, quantum computing, and more. |
... |
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