ROSEVILLE, Calif., May 18, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Hearing Technologies InnerScopeInc. (OTCQB:INND) announced today the complete integration of www.Klarna.com for a simple and easy one-click payment solutions for its online customers who shop at www.hearingbenefit.com and www.nohasslehearing.com websites.
Using www.Klarna.com and its checkout platform for all payment methods gives InnerScope the ability to offer instant affordable on-line payment and financing options which is risk-free for both the Company and its customers. Klarna, not only assumes 100% all customers risk so that the Company always gets paid immediately, but also assumes all risk for the Company through its Buyers Protection Policy.
InnerScope and Klarna have teamed up to offer a frictionless one-click checkout solution which gives customers a choice of 2 simple no-hassle payment options, Pay Now, or Slice It options.
- The Pay Now option is for customers who want to pay in full at checkout can do it quickly and securely with a credit/debit card.
- The Slice it option with its instant financing and a quick and simple credit application process allowing the customers to spread the cost of their purchases over a 6 to 24-month period at 0% annual percent rate ("APR"), depending on transaction value, giving them flexibility and increased purchasing power.
"Klarna Bank is exactly what we were looking for to offer our eCommerce customers" said Matthew Moore, CEO of InnerScope Hearing Technologies. "We knew that nearly 50% of consumers want the option to pay over time when shopping online and that over 75% of consumers would choose to shop with a merchant that offers online financing over one that didn't. However, with only 14% of of the 48 million people in the U.S alone that suffer from hearing loss is using any assistive hearing product, mainly due to high cost and access to affordable hearing assistive devices, we knew that we had to make it simple, easy and affordable for the hearing-impaired community to purchase our hearing products."
"Since we have launched our eCommerce stores, we have literally talked to hundreds of our online shoppers and found the number one request was a flexible easy payment and financing programs. We believe adding a hassle-free online consumer financing program like Klarna will increase sales and in-turn we get to help more people to hear better. With Klarna, InnerScope now can offer hearing solutions starting as low as $27 dollars a month with no interest. In addition, both InnerScope and Klarna developers are currently working on a custom integrated checkout system for greater ease of simplicity and accessibility specifically geared to the older hearing-impaired population. InnerScope is continuing to offer the hearing-impaired community more affordable options and access to a variety of different hearing assistive and hearing aid device products through www.hearingbenefit.com and www.nohasslehearing.com online stores", Mr. Moore concluded.
About Klarna Inc:
Klarna Bank AB Inc. is headquartered in Columbus, Ohio, with offices in New York City. Klarna provides e-commerce payment solutions for merchants and shoppers and is one of Europe's largest banks and is providing payment solutions for 60 million consumers across 89.000 merchants in 14 countries. Klarna offers direct payments, pay after delivery options and instalment plans in a smooth one-click purchase experience that lets consumers pay when and how they prefer to. Klarna's business model relies on only charging for approved purchases, which means that Klarna always work towards increasing stores' sales. Klarna, with its millions of customers, is data-driven and a leading company within decision science. Klarna's vision is to enable trust and to offer a frictionless buying experience to buyers and sellers across the world. For more information, please visit https://www.klarna.com/us/
About InnerScope Hearing Technologies (INND):
InnerScope Hearing Technologies (INND) is a technology driven company with highly scalable B2B and B2C solutions. The Company plans on offering a B2B SaaS based Patient Management System (PMS) software program, designed to improve operations and communication with patients. INND also offers a Buying Group experience for audiology practice, enabling owners to lower product costs and increase their margins. INND will also compete in the DTC (Direct-to-Consumer) markets with its own line of "Hearable", and "Wearable" Personal Sound Amplifier Products (PSAPs) and revolutionary APPs on the iOS and Android markets.
INND has plans on opening, operating and expanding a chain of audiological and retail hearing device clinics. INND's seasoned team of professionals, with collectively over 200+ years of experience in the hearing aid industry, including successful operations in hearing aid manufacturing and retail store management. Our team has the knowledge, relationships, and the experience to quickly deploy new products and software to serve approximately 1.2 billion people around the globe that are suffering with 25 db or greater hearing loss. For more information, please visit www.innd.com
Safe Harbor
This presentation contains forward-looking statements which relate to future events or InnerScope Hearing Technologies future performance or financial condition. Any statements that are not statements of historical fact (including statements containing the words "believes," "should," "plans," "anticipates," "expects," "estimates" and similar expressions) should also be considered to be forward-looking statements. These forward-looking statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as result of a number of factors, including those described from time to time in InnerScope Hearing Technologies filings with the Securities and Exchange Commission. InnerScope Hearing Technologies undertakes no duty to update any forward-looking statements made herein.
Contact:
Investor Relations Contact Andrew Barwicki 516-662-9461 Andrew@barwicki.com InnerScope Hearing Technologies, Inc. Matthew Moore
Matthew@innd.com 916-218-4100 www.innd.com
