This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

BillFloat's SmartPay Expands Pilot Program To RadioShack









LAS VEGAS, May 22, 2013 /PRNewswire/ -- BillFloat, Inc., a leading innovator in consumer credit delivery, today announced it is piloting its SmartPay instant financing option with new partner RadioShack (NYSE:RSH), providing even more customers access to this innovative payment option in select stores in Houston. The SmartPay option allows customers to obtain a smartphone and pay for it monthly through an in-store lease-to-own-option, one of the first in the industry. BillFloat is introducing SmartPay to the broader wireless industry by exhibiting at the premier mobile communication industry conference, CTIA 2013, at booth #3521.

Wireless industry trends reflect a movement away from carriers subsidizing smartphones through fixed long-term contracts and toward outright purchase or separate financing for the device. This shift offers consumers more flexibility to move between carriers if needed, more upgrades to the latest smart devices, and more payment options to afford high-value mobile devices. Using SmartPay, consumers can save up to 30 percent on a smartphone compared to a two-year contract with a wireless carrier. 

"The pilot program at RadioShack, brings recognition to SmartPay, which in turn will help consumers upgrade their phones and drive revenues for retailers," said Ken Pedotto, SmartPay General Manager at BillFloat. "SmartPay's approach is going to transform how the industry looks at financing smartphones. Here at the CTIA conference, that message of innovation resonates among mobile industry leaders and thinkers."

SmartPay leverages a real-time, proprietary decision-making platform that works in-store or online to help expedite leasing delivery to consumers. Immediate underwriting decisions allow approved consumers to go home with smartphones the same day they need them. The new SmartPay partners add continued traction to current agreements with MetroPCS, Virgin Mobile and CSpire. Since launching in September of last year, SmartPay volume has increased 1,946 percent.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,960.57 -123.23 -0.72%
S&P 500 1,978.34 -9.64 -0.48%
NASDAQ 4,449.5640 -22.5440 -0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs