Blurbs
comparison of Synchrony Bank and FlexFactor
Learn about how these Payment Solutions vendors stack up against each other
by
checking out our blurbs,
claims, and case studies.
Blurbs
comparison of Synchrony Bank and FlexFactor
Learn about how these Payment Solutions vendors stack up against each other
by
checking out our blurbs,
claims, and case studies.
Synchrony Bank
"Flexible payment options for consumers and businesses"
Focused on
Buy Now Pay Later, Lease-to-Own, & Try Before You Buy
.
Synchrony helps marketers navigate the overload of payment options with customizable financing solutions. They streamline the customer purchase process, offering various pay-over-time plans like 'Pay in 4' or monthly installments. Their credit card options and digital financial tools integrate seamlessly with retail experiences to boost sales across platforms.
Flexible payment options available
Synchrony claims that their flexible payment options, like Pay Later, empower customers to make purchases today and pay over time.
High-yield savings accounts offered
Synchrony Bank claims that its high-yield savings accounts provide customers with competitive rates and no monthly fees.
Extensive retail partnerships network
Synchrony claims that its wide network of retail partnerships allows customers to shop and pay at thousands of locations nationwide.
FlexFactor
"Turns declined payments into successful transactions seamlessly."
Focused on
Payment Optimization & Revenue Recovery
.
FlexFactor identifies and rectifies declined transactions, allowing marketers to recover lost revenue. It utilizes machine learning to analyze transaction failures and proactively address issues in real-time. FlexFactor integrates with existing systems smoothly, turning what would be lost sales into successful completions without the typical friction.
Unmatched approval rates
FlexFactor claims that they deliver unmatched approval rates with real-time decisioning to complete customer orders successfully.
Frictionless user experience
FlexFactor claims that they provide a seamless customer experience with no prompts or re-entering of payment details required.
Highest recovery rate
FlexFactor claims that their AcceptIQ platform sets a new industry standard with a 30% recovery rate on declined transactions.