HOW IT WORKS

REal-time consumer credit

The challenge

Never has access to credit been more democratized and reachable than it is today. The possibility of meeting Customer needs quickly and efficiently, complying with all regulation and compliance rules, is the key to success.

Since traditional access to credit is based on heavy paperwork, drop out rates have been a real concern for credit providers. A digital, simple and straightforward solution is paramount for differentiation and reaching modern Customers expectations.

The solution

LOQR’s Customer Onboarding solution allows financial institutions to provide their Customers with the ability to complete a Consumer credit process in real-time, in a 100% digital way.

For financial institutions, LOQR’s technology allows Consumer credit to be provided as a secure, easy and fast payment method, while Customers no longer see it as a heavy process, but as a simple and convenient solution.

CUSTOMER ONBOARDING