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Consumer Finance

For Signature of Consumer Finance Agreements at POS

Finance agreements signed at POS in retail stores often causes additional workload for retail staff. Wacom's eSignature will help to minimize the paperwork

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Nowadays consumer credit is offered and given at the POS where people buy expensive goods like cars, furniture or TV sets. In those cases the reseller acts as a bank clerk or credit broker and for his/her customers there is no need for an additional visit to a bank branch. For the reseller, this means a lot more paperwork. It also means a credit check by the supporting bank is needed very quickly, followed by a decision to accept or deny the customer's request. A paperless workflow with handwritten electronic signatures will reduce the paperwork and save time for the reseller which he or she can dedicate to serving new customers. Also purely digital handling of all contracts and forms allows for a very quick credit check without scanning, copying, faxing or transporting paper.

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Benefits of an electronic signature system for consumer finance

  • Increase efficiencies in signing and processing finance agreements digitally
  • Shorten credit approval process
  • Reinforce the brand reputation of the retailer as a digital innovator and an organization who is genuinely interested in protecting the customer against fraud
  • Reinforce the retailer’s commitment to excellent customer service and customer trust

Recommended Products for Consumer Finance

DTU-1141

10.6” 1920 x 1080 color LCD pen display

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