"One of the key factors that differentiates the Competec Group is the ability of its customers to order on account. In this way, we can offer our IT and EU online customer base a convenient and almost unique service. In order to offer this service we rely on internal credit scoring and data supplied by CRIF."
"As an online store, providing customers with the ability to order and pay on invoice carries some risks, yet even more opportunities. With CRIF as our partner in automated credit scoring, we have managed to dramatically reduce losses from debtors while at the same time increasing sales through deferred billing. The quality of the data provided and the reliability and flexibility of CRIF is important to us."
"Recent studies suggest that the use of credit cards as a method of ordering online is still met with resistance from a large number of customers. We at Blacksocks realized at an early stage that offering online deferred billing is a key factor of success for our online store. This is why we have been offering this service to our customers since it was launched. Thanks to the highly automated and very reliable credit screening solutions offered by CRIF in real time at the moment of purchase, we’re in a much better position to avoid losses from debtors."
"The goal of offering deferred billing combined with automated, international credit screening has been realized thanks to the incorporation of CRIF’s information platform."
"As a leading online shopping club for branded apparel, accessories and lifestyle products, we use CRIF’s data assets, thanks to their almost complete coverage, not only for customer identification and verification purposes, but also for the seamless integration of customer credit screening at the moment of purchase. Thanks to, among other things, deferred billing together with CRIF’s credit scoring solutions, we have exceeded our sales forecasts while registering low losses from debtors. As an independent risk management partner, CRIF brings us great data quality and professional, customer-oriented consulting."