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Sezzle and Bealls Inc. Join Forces to Transform Holiday Shopping with Smarter Spending

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Sezzle (NASDAQ: SEZL) has announced a strategic partnership with Bealls Inc., integrating its Buy Now, Pay Later (BNPL) payment solution across Bealls' online platform and 650+ physical stores. The partnership launches ahead of the holiday season, where BNPL services are seeing increased demand. According to a November 2024 Sezzle survey, over 50% of shoppers plan to increase their holiday spending using BNPL options.

The collaboration enables customers to split purchases into interest-free installments over six weeks. Last year's holiday season saw $16.6 billion in online BNPL purchases, marking a 14% year-over-year increase. Recent surveys indicate that 43% of consumers consider BNPL availability when choosing retailers, and 67% of parents plan to use BNPL for holiday purchases.

Sezzle (NASDAQ: SEZL) ha annunciato una partnership strategica con Bealls Inc., integrando la sua soluzione di pagamento Compra Ora, Paga Poi (BNPL) sulla piattaforma online di Bealls e in oltre 650 negozi fisici. La partnership viene lanciata in vista della stagione festiva, durante la quale i servizi BNPL stanno registrando un aumento della domanda. Secondo un sondaggio di Sezzle di novembre 2024, oltre il 50% dei consumatori pianifica di aumentare la propria spesa durante le festività utilizzando opzioni BNPL.

La collaborazione consente ai clienti di suddividere i pagamenti in rate senza interessi in sei settimane. La stagione festiva dello scorso anno ha visto 16,6 miliardi di dollari in acquisti online tramite BNPL, segnando un aumento del 14% rispetto all'anno precedente. Sondaggi recenti indicano che il 43% dei consumatori prende in considerazione la disponibilità del BNPL quando sceglie i rivenditori, e il 67% dei genitori prevede di utilizzare il BNPL per gli acquisti festivi.

Sezzle (NASDAQ: SEZL) ha anunciado una asociación estratégica con Bealls Inc., integrando su solución de pago Compra Ahora, Paga Después (BNPL) en la plataforma en línea de Bealls y en más de 650 tiendas físicas. La asociación se lanza antes de la temporada navideña, cuando los servicios BNPL están viendo un aumento en la demanda. Según una encuesta de Sezzle de noviembre de 2024, más del 50% de los compradores planean aumentar su gasto navideño utilizando opciones BNPL.

La colaboración permite a los clientes dividir las compras en cuotas sin intereses a lo largo de seis semanas. La temporada navideña del año pasado registró 16.6 mil millones de dólares en compras en línea a través de BNPL, marcando un aumento del 14% en comparación con el año anterior. Encuestas recientes indican que el 43% de los consumidores considera la disponibilidad de BNPL al elegir minoristas, y el 67% de los padres planea usar BNPL para las compras navideñas.

Sezzle (NASDAQ: SEZL)Bealls Inc.와 전략적 파트너십을 발표하였으며, 그들의 온라인 플랫폼과 650개 이상의 오프라인 매장에서 즉시 구매, 나중에 지불(BNPL) 결제 솔루션을 통합한다. 이 파트너십은 holiday 시즌을 앞두고 시작되며, BNPL 서비스에 대한 수요가 증가하고 있다. 2024년 11월 Sezzle의 설문조사에 따르면, 50% 이상의 쇼핑객이 BNPL 옵션을 활용하여 명절 지출을 늘릴 계획이라고 한다.

이 협력은 고객이 6주 동안 무이자 할부로 구매를 나눌 수 있게 해준다. 지난해 명절 시즌에는 온라인 BNPL 구매가 166억 달러에 달해 전년 대비 14% 증가했다. 최근 설문조사에 따르면, 43%의 소비자들이 소매업체 선택 시 BNPL의 가용성을 고려하며, 67%의 부모가 명절 쇼핑에 BNPL을 사용할 계획인 것으로 나타났다.

Sezzle (NASDAQ: SEZL) a annoncé un partenariat stratégique avec Bealls Inc., intégrant sa solution de paiement Acheter Maintenant, Payer Plus Tard (BNPL) sur la plateforme en ligne de Bealls et dans plus de 650 magasins physiques. Ce partenariat est lancé avant la saison des fêtes, période durant laquelle la demande pour les services BNPL est en hausse. Selon une enquête de Sezzle réalisée en novembre 2024, plus de 50% des acheteurs prévoient d'augmenter leurs dépenses de fin d'année en utilisant des options BNPL.

La collaboration permet aux clients de diviser leurs achats en paiements sans intérêt sur six semaines. La saison des fêtes de l'année dernière a enregistré 16,6 milliards de dollars d'achats en ligne via BNPL, marquant une augmentation de 14% par rapport à l'année précédente. Des sondages récents indiquent que 43% des consommateurs prennent en compte la disponibilité de BNPL lors du choix des détaillants, et 67% des parents prévoient d'utiliser BNPL pour leurs achats de Noël.

Sezzle (NASDAQ: SEZL) hat eine strategische Partnerschaft mit Bealls Inc. angekündigt, die ihre Buy Now, Pay Later (BNPL) Zahlungslösung in die Online-Plattform von Bealls und in über 650 Filialen integriert. Die Partnerschaft wird vor der Feiertagssaison gestartet, in der die Nachfrage nach BNPL-Diensten steigt. Laut einer Umfrage von Sezzle im November 2024 planen über 50% der Käufer, ihre Feiertagsausgaben mit BNPL-Optionen zu erhöhen.

Die Zusammenarbeit ermöglicht es den Kunden, Einkäufe in zinsfreie Raten über sechs Wochen zu teilen. In der vergangenen Feiertagssaison beliefen sich die Online-BNPL-Käufe auf 16,6 Milliarden Dollar, was einem Anstieg von 14% im Vergleich zum Vorjahr entspricht. Aktuelle Umfragen zeigen, dass 43% der Verbraucher die Verfügbarkeit von BNPL bei der Auswahl von Einzelhändlern berücksichtigen, und 67% der Eltern planen, BNPL für Weihnachtskäufe zu nutzen.

Positive
  • Partnership with major retailer Bealls Inc., expanding presence across 650+ stores
  • Launch timing coincides with peak holiday shopping season
  • Integration in both online and physical retail locations
  • Market data shows strong BNPL adoption trends with $16.6B in previous year's holiday sales
Negative
  • None.

Insights

This partnership with Bealls Inc., a retailer with 650+ stores nationwide, represents a significant expansion of Sezzle's merchant network. The timing is strategic, targeting the important holiday shopping season where BNPL transactions historically surge. Last year's $16.6 billion in online BNPL purchases, showing a 14% YoY growth, indicates strong market momentum. With 43% of consumers considering BNPL availability in their shopping decisions and 67% of parents planning to use BNPL for holiday purchases, this partnership should drive meaningful transaction volume for Sezzle. The integration across both online and physical stores maximizes revenue potential and market penetration.

The strategic timing of this partnership capitalizes on shifting consumer payment preferences and growing BNPL adoption. Bealls' century-old brand reputation and extensive retail footprint provide Sezzle with valuable market exposure and credibility in the traditional retail sector. The recent survey data showing over half of shoppers planning to increase holiday spending through BNPL suggests strong growth potential. This multi-channel implementation (online and in-store) positions Sezzle to capture a larger share of holiday retail transactions. The partnership enhances Sezzle's competitive position against other BNPL providers while diversifying its merchant portfolio with a well-established retail partner.

Bealls Inc. Launches Sezzle Payment Option Ahead of Increased Demand for Buy Now, Pay Later this Holiday Season

Minneapolis, MN, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ: SEZL) (Sezzle or Company) // - Sezzle, a leader in the flexible payments industry, is thrilled to announce its partnership with Bealls Inc., the beloved company known for delivering quality, value, and customer loyalty for more than a century through its banners; bealls, Bealls Florida and Home Centric.  With this collaboration, Sezzle flexible payment options are now available to their guests—online and across its more than 650 stores — just in time to ensure a seamless and stress-free holiday shopping experience.

Approaching its milestone 110th anniversary next year, Bealls Inc. continues to solidify its legacy as a trusted destination for apparel, home goods, and gifts by embracing forward-thinking solutions that enhance the shopping experience. The introduction of Buy Now, Pay Later (BNPL) with Sezzle highlights the commitment by Bealls Inc. to meeting the evolving needs of its loyal shoppers while maintaining its reputation for providing exceptional value.

With BNPL transforming consumer spending habits more than ever, this partnership is pivotal for both shoppers and merchants. A November 2024 Sezzle user survey revealed that over half of shoppers plan to increase their holiday spending this year, turning to Sezzle’s flexible payment options as a practical solution to stay on budget while maximizing seasonal shopping opportunities.

“Sezzle is proud to partner with Bealls, a trusted retailer that understands the importance of delivering value and convenience to its customers,” said Paul Paradis, President and co-founder of Sezzle. “This holiday season, our mission is to provide shoppers with the flexibility they need to confidently manage their purchases while helping merchants like Bealls attract and retain loyal customers through innovative payment solutions.”

The Holiday Boost for BNPL

The holiday season is a pivotal time for merchants to attract new customers, with Buy Now, Pay Later options playing a growing role in influencing purchasing decisions. A recent survey found that 43% of consumers interested in BNPL consider it a deciding factor in where they shop, highlighting the importance of offering diverse payment options at checkout. Additionally, 67% of parents plan to use BNPL to finance holiday purchases, reflecting the increasing demand for flexible payment solutions among families.

Last year’s holiday season set a new record for BNPL transactions, with Adobe Analytics reporting $16.6 billion in online BNPL purchases—a 14% increase year-over-year. This year, Sezzle and Bealls Inc. are poised to build on that momentum by providing shoppers access to higher approval rates than the industry average and seamless budgeting tools during the busiest shopping season of the year.

Empowering bealls, Bealls Florida and Home Centric Shoppers

The Bealls Inc. launch with Sezzle comes at the perfect time, offering holiday shoppers the ability to spread their purchases over six weeks with interest-free installment plans online or at any of the brand's 650+ stores nationwide.

“We’re committed to creating a holiday shopping experience that is both enjoyable and accessible for guests,” said Kevin Brughelli, DVP eCommerce and Digital Marketing, Bealls Inc. “Partnering with Sezzle allows us to offer flexibility that aligns with the needs of today’s shoppers. Whether purchasing gifts for loved ones or preparing for seasonal celebrations, this collaboration helps our guests make the most of the holiday season without financial stress.”

Sezzle’s mission to improve financial access and freedom aligns seamlessly with Bealls Inc.‘s commitment to providing exceptional shopping experiences. Together, they’re setting the stage for a holiday season filled with cheer, savings, and smarter spending.

For more information on Sezzle or to start shopping with Bealls, visit www.sezzle.com.

About Sezzle Inc.

Sezzle is a forward-thinking fintech company committed to financially empowering the next generation. Through its purpose-driven payment platform, Sezzle enhances consumers' purchasing power by offering access to point-of-sale financing options and digital payment services—connecting millions of customers with its global network of merchants. Centered on transparency, inclusivity, and ease of use, Sezzle empowers consumers to manage spending responsibly, take charge of their finances, and achieve lasting financial independence.

For additional assets and news on Sezzle please visit https://my.sezzle.com/news/  

Follow Sezzle on social media: LinkedIn | Instagram | Facebook | Twitter 

Sezzle US Media Contact:

Erin Foran

Tel: (651) 403-2184

Email: erin.foran@sezzle.com



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FAQ

What are the terms of Sezzle's (SEZL) payment plan with Bealls?

Sezzle offers interest-free installment plans spread over six weeks for purchases at Bealls, both online and in-store.

How many Bealls stores now offer Sezzle (SEZL) BNPL services?

Sezzle's BNPL service is available across all of Bealls' 650+ stores nationwide and their online platform.

What percentage of shoppers plan to increase holiday spending using Sezzle (SEZL) in 2024?

According to Sezzle's November 2024 user survey, over 50% of shoppers plan to increase their holiday spending using BNPL options.

How much did online BNPL purchases grow in the previous holiday season for services like Sezzle (SEZL)?

According to Adobe Analytics, online BNPL purchases reached $16.6 billion, representing a 14% year-over-year increase.

What percentage of consumers consider BNPL availability when choosing retailers like Sezzle (SEZL)?

43% of consumers interested in BNPL consider it a deciding factor in where they shop.

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