How The Revolver Now Works-Turn Prospects Into Buyers
Let your consumers apply for a new credit card at checkout, get approved in minutes, and use an advanced card number. You get paid quickly. They get flexibility.
Revolver Now streamlines the checkout process, allowing consumers to get matched with pre-screened credit card recommendations, receive instant approval, and acquire a usable card number at the point-of-sale
Step 1
Access the Revolver Now Control Panel In The Byzly Portal
Centralized Control Center
Log into Byzly and click on Revolver Now (Credit Cards) to access Control Panel. If you are unable to access, contact Byzly at support@byzly.com to discuss your subscription level.
Step 2
Send Your Prospective Customer The Credit Consent Form
Centralized Control Center
Click on the "Send Consent Form" button
Complete the short Consent Form
Click the confirmation box
Click "Send Consent Form"
An email will be sent to the consumer with a link to the Consent Form
Note: The consumer cannot proceed if they have a lock on any credit bureaus. If a prescreen is run on a locked file, recommendations will not be provided.
Step 3
Your Prospective Customer Receives The Consent Email and Completes The Consent Form
Note: No social security or date-of-birth is required on this form for credit scoring and recommendations. No inquiry will appear on the consumer's credit report or impact the FICO score.
Step 4
Within Seconds, A Soft Credit Is Run And The Revolver Now AI Engine Analyzes 37 Credit And Financial Data Points To Make Recommendations
The consumer can proceed with one or more offers by clicking on the Apply Now button of the desired card. It is important to note that these are not offers. While our AI engine provides a high level of certainty, it can not account for all credit card provider algorithms. In some cases, credit card applications will result in a hard credit pull and an inquiry on the credit bureau utilized.
Step 5
When A Consumer Clicks On An A Recommendation, The Status Will Change In The Revolver Now Dashboard
You are emailed a notification when the consumer clicks on an initial recommendation. You can view the status of credit card recommendation by clicking on the View button. It will let you know which card(s) were clicked.
Note: This is a point-of-sale product and you will not be notified through Byzly when a card had been applied for and approved. It's your responsibility to maintain contact with the consumer throughout this process.
Step 6
(Optional)
Reduce Your Revolver Now Funding Fee By Processing Your Credit Payment Through Byzly
Byzly provides a full slate of checkout methods for you to use. Connect your existing credit card provider or apply or a new provider through Byzly. To view a video on how to connect providers in Byzly, Click Here.
We suggest that you charge the consumer a surcharge to cover the cost of the credit transaction. A 3 percent surcharge is customary.
Note: The Revolver Now runs on an honor system between you and us. For it to work, we must have transparency on the amount you collect from your customer. We will do audits by contacting the consumer to learn their experience and determine the amount paid. We thank you in advance.