ThinkSmart Limited, the digital payment solutions provider, has announced that Aurum Group will be launching ClearPay, ThinkSmart's first to market, interest-free digital payment solution designed for millennial shoppers, on WatchShop.com, the online watch and jewellery store.
ThinkSmart's ClearPay solution enables customers to spread the cost of their purchases up to the value of £450 over three equal, interest-free monthly payments which they can control from the ClearPay mobile app. ClearPay is built on ThinkSmart's proprietary technology platform, SmartCheck and benefits from the business's 15 plus years of operating in the UK retail point of sale space.
ClearPay is easily integrated into retailer systems, enabling the retailer to offer a new digital payment method. Aurum Holdings joins a fast growing roster of quality consumer brands already benefitting from the ClearPay platform.
Aurum Group is a leading operator in the watch and jewellery sectors, and the owner of brands such as WatchShop, Watches of Switzerland, Mappin & Web and Goldsmiths, amongst other outlets.
Commenting, Ned Montarello, ThinkSmart's Executive Chairman, said: "We are delighted to announce Aurum Group as the latest high quality partner to launch ClearPay's market leading digital solution. Aurum joins a growing list of quality consumer brands currently experiencing the first to market benefits offered by ClearPay.
"ClearPay leverages our proprietary IP and mobile app, and is underpinned by our 15 years of operations in the UK market. The solution serves a clear demand from millennial consumers for straightforward, interest-free digital payment solutions and benefits from first mover status in the UK market."