Retail Tech platform Arzooo launches fintech service

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One of India’s fastest growing retail Tech platform Arzooo on Wednesday announced the launch of its fintech service – Arzooo Pro Finance.

“The aim of the service is to elevate the businesses of the Consumer Durable retailers and enable them to compete and scale their businesses to newer heights” said the company in a statement.

It said, “ the company’s latest Fintech service, Pro Finance addresses two prevalent pain points faced by offline retailers: driving up In-store Sales conversion and upselling higher- value products to its aspirational shoppers”.

Announcing the launch of service, Khushnud Khan, CEO of Arzooo, said We’re excited to bring a cutting-edge checkout solution for offline retail that transforms a store with a powerful financial tool, enabling them to offer consumer finance and accept payments through diverse methods effortlessly”.

“While empowering retailers Arzooo’s Pro Finance is committed to fostering financial inclusion by catering to even the new-to-credit shoppers, providing them with opportunities for better financial access to upgrade their lifestyle” Khan added.

The Bengaluru based company said, “Arzooo’s digital-first approach is dismantling the barriers that impede the growth of offline retailers in the high-value consumer goods business. Through their innovative checkout solutions that combine Payments, Consumer Finance and Bank-led Offers, Arzooo enables these retailers to overcome challenges and expand their business”.

Sharing more about the development, It said Arzooo Pro Finance comes as an enabler for the high value retail sector to enhance the consumer durable financing, Payments and more.

“The checkout solution that enables diverse payment options like Credit Cards, Debit Cards, Net Banking, UPI etc also offers instant consumer finance to retail shoppers including those who are NTC” it said.

Arzooo has also partnered with several leading banks to bring bank led consumer offers to

offline retail embedded in its checkout solution, Pro Finance where Offline Customers will also

gain access to exclusive bank offers from top banks. Arzooo’s Pro Finance is a subscription-based service where Retailers can select from annual plans.

“Arzooo’s Pro Finance is readily available for subscription on Arzooo through both the Google Play Store and the App Store, making it easily accessible to all,” the company stated.

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