Dixons Carphone has signed a new agreement with its strategic credit partner, BNP Paribas Personal Finance, which will broaden the retailer’s existing consumer finance proposition.
The increased scope of the partnership will see credit available on even more products, with an expanded offer on mobile handsets available next year.
The new agreement will also allow Dixons Carphone, which operates brands including Carphone Warehouse and Currys PC World in the UK, to build truly integrated credit propositions and innovative future offers for customers.
Credit is a key part of Dixons Carphone’s future strategy centred around the vision of ‘We Help Everyone Enjoy Amazing Technology’, building on its established platform and with a commitment to responsible consumer finance.
Dixons Carphone launched its credit proposition, Your Plan, with BNP Paribas Personal Finance in 2016. Since then, the retailer has grown its credit base to over 700k active accounts and more than £440m of credit revenue expected this year.
Antreas Athanassopoulos, Chief Customer Officer, Dixons Carphone, said: “Customers find technology exciting but often confusing and expensive, particularly at the big-ticket end of the market. Credit gives customers another reason to shop with us and, by signing an extension of our already-successful strategic partnership with BNP Paribas Personal Finance, we will be building on strong foundations. We are making our consumer finance offer a core part of our customers’ journey with us, helping them buy, afford and enjoy the most amazing technology.”
Stephen Hunt, CEO BNP Paribas Personal Finance UK, said: “We’re delighted to extend our strategic partnership with Dixons Carphone and bring our global Group consumer finance expertise and experience to help drive transformation for Dixons Carphone at an exciting stage of their development. This is a great opportunity for both our businesses to deliver choice, value and a great experience for customers. As a key strategic partner we’re looking forward to working with Dixons Carphone in the future as we continue to anticipate future retail trends. We will continue to create innovative solutions to accelerate growth and provide customers with helpful, affordable finance solutions to buy the technology they want.”
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For further information from Dixons Carphone, please contact:
Amy Shields, Head of External Communications, +44 (0)7588 201 442
amy.shields@dixonscarphone.com
Rob Cadwell, Corporate PR & Social Media Manager, +44(0)7588 156 507
robert.cadwell@dixonscarphone.com
For further information from BNP Paribas Personal Finance, please contact:
Jayne Licari, Brand, PR & External Communications Manager +44 (0)7810 094 111
mediaenquiries@bnpparibas-pf.co.uk
Notes to editors:
BNP Paribas will provide credit to Dixons Carphone brands in the UK including Currys PC World, Carphone Warehouse, mobiles.co.uk and e2save.com. The offer does not include Dixons Carphone’s MVNO brand, iD Mobile.
About Dixons Carphone
Dixons Carphone plc is a leading multinational consumer electrical and mobile retailer and services company, employing over 42,000 people in nine countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us.
We are the market leader in the UK & Ireland, throughout the Nordics and in Greece. With a full range of services and support, we make it easy for our customers to discover, choose and enjoy the right technology for them, throughout the life of the product. Our core multichannel operations are supported by an impressive distribution network and sourcing office in Hong Kong and a state-of-the-art repair facility in Newark, UK.
Our brands include Currys PC World and Carphone Warehouse in the UK & Ireland and iD Mobile in the UK; Elkjøp, Elgiganten and Gigantti in the Nordics; and Kotsovolos in Greece. Our Dixons Travel brand has a presence across several UK airports as well as in Dublin and Oslo, and our services are provided through Team Knowhow in the UK, Ireland and the Nordics.
We also offer B2B services, predominantly through Currys PC World Business and Carphone Warehouse Business.
About BNP Paribas Personal Finance
BNP Paribas Personal Finance creates finance solutions that customers trust and help partners grow. Working with leading brands and high street names, BNP Paribas Personal Finance helps partners to attract customers, build loyalty and increase sales through flexible and innovative finance solutions including point of sale finance, credit cards, insurance premium finance, motor finance, and personal loans. Through its Everyday Finance proposition it provides a range of simple and straightforward products that help people to budget effectively, spread payments and finance purchases and projects.
https://www.bnpparibas-pf.co.uk
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