Dollar General is rolling out a new series of financial services to increase access banking options and give customers additional payment solutions.
One of the new services is the retailer’s exclusive spendwell banking platform, a buy-now and pay-later test program with Sezzle, and FIS Worldpay card rewards points payment options.
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“Today’s announcement highlights Dollar General’s focus on supporting our customers and communities by extending financial service accessibility and payment options,” Emily Taylor, Dollar General’s executive vice president and chief merchandising officer, said. “In keeping with our purpose-driven mission of serving others, we continually search for additional services and flexible solutions to help make our customers’ lives easier.”
Spendwell Financial Service is a bank account that provides customers with access to manage their personal finances. Created through a partnership with InComm Payments and issued by Metabank, the retailer’s exclusive bank account and Visa debit card are now available at more than 18,000 stores via an online platform.
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Customers who opt to use spendwell will be able to use two financial options — no monthly feed and the ability to earn 1% unlimited cashback to be redeemed on purchases made at the retailer.
With the test DG Buy Now Pay Later powered by Sezzle, which is set to launch later in March, customers at the retailer’s more than 1,700 stores in Texas will be able to make purchases with zero-interest payments on purchases. Shoppers will be able to pay for their purchases in four installments and obtain access to information regarding their spending limit, the company said.
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Lastly, FIS Premium Payback Options is a piloted added payment choice. Customers who utilize the service will have an option to redeem eligible credit and debit card rewards points toward their Dollar General purchases. It is currently available at more than 18,000 stores across 46 states, the company said.
The new financial service options join the previously launched DG Self-Checkout, DG Pickup, DG Digital Coupons, DG’s Cart Calculator and Shopping List, and DG Rewards.