Citizens expands point-of-sale financing to Microsoft Store
PROVIDENCE, RI – (COMMERCIAL THREAD) – Citizens will provide broad point-of-sale financing for Microsoft Store in a newly expanded relationship with the global technology leader. Customers now have access to interest-free financing for all Microsoft hardware, accessories and subscription services purchased from microsoft.com in the United States through the bank’s innovative Citizens Pay platform, providing another way to fund products such as the new Surface Pro 8, Surface Duo 2, Windows 11 PCs and Xbox consoles, games and subscriptions.
âThe expansion of Citizens Pay in the Microsoft Store provides consumers with increased flexibility and responsible financing options for all Microsoft products,â said Andrew Rostami, president of Citizens Pay. âCitizens has a long history of working closely with leading brands to deliver the best and most innovative financial experience, and this expansion brings alternative funding to the Microsoft Store and its millions of customers. ”
Citizens Pay will offer 12 and 18 month payment terms nationwide through its innovative line of credit payment structure that allows consumers to make subsequent purchases without an additional credit check.
âThis partnership with Citizens allows us to bring this new offering to consumers in time for the holidays,â said Jesper Chou, general manager of the Microsoft Store. âConsumers are very interested in innovative solutions that allow them to buy the latest products at an affordable price. ”
In 2019, Citizens announced a partnership with Microsoft to offer built-in funding for Xbox All Access. This allows Microsoft, as a manufacturer, to build funding into this program which is available for purchase from major retailers including Best Buy, Walmart, Target, and GameStop.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $ 187.0 billion in assets as of September 30, 2021. Headquartered in Providence, Rhode Island, Citizens offers a wide range of retail and commercial banking products and services to individuals, small businesses, mid-market businesses, large corporations and institutions. Citizens helps clients reach their potential by listening to them and understanding their needs in order to provide tailored advice, ideas and solutions. In consumer banking, Citizens offers an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,000 ATMs and approximately 1,000 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Personal banking products and services include a full range of banking, credit, savings, wealth management and small business offerings. In commercial banking, Citizens offers a wide range of financial products and solutions, including loan and leasing services, deposit and cash management, currency risk management solutions, interest rates. interest and commodities, as well as loan syndication, corporate finance, mergers and acquisitions, and debt and equity market capabilities. More information is available at www.citizensbank.com or visit us at Twitter, LinkedIn or Facebook.