Katapult Holdings, Inc. partnered with iBUYPOWER to provide consumers with a path to purchase high-quality gaming equipment. With interest rates and the cost of goods continuing to rise, American consumers are feeling the pinch this holiday season. Those living paycheck to paycheck, without credit, or with nonprime credit are especially vulnerable.?Throughout this period of economic uncertainty, many consumers are turning to flexible payment options that work with their lifestyle and budget and that allow them to split payments over time.

With more retailers offering alternative payment solutions, such as lease-to-own, more consumers will be able to obtain the items they need, including gaming equipment, furniture, tires, and more. Katapult offers consumers transparent, flexible, and convenient lease-purchase options that enable them to obtain goods they might not be able to acquire otherwise, providing them with more choice and purchasing power. The company's lease-purchase solution also integrates seamlessly with online platforms from merchants across several durable goods sectors.

Funding is quick and easy and there is little work to be done on the merchant's part to implement the payment option. Additionally, retailers that offer Katapult can attract and convert more shoppers, increase transaction volume, and build customer loyalty.