Industry-Leading Mobile App Gains Serious Traction (and Downloads) for Pawnshops Across the Country
LAS VEGAS, Aug. 15, 2019 /PRNewswire-PRWeb/ -- Bravo Pawn Systems, the leader in software, solutions, and services for the pawn industry, recently celebrated its mobile application's two-year anniversary. With more than 55,000 downloads and users across the country, MobilePawn secures its place as the leading convenient and fast pawn payment option for consumers. The two-year anniversary is monumental as 80%-90% of mobile apps are abandoned after just one use.
Launched in 2017, MobilePawn has been steadfast in its vision of delivering convenience to a traditionally underserved demographic, pawn customers. Since its successful launch, many competitors have entered the market; however, MobilePawn continues to innovate within the app, boasting a new announcement in October.
MobilePawn instantaneously connects a customer's mobile profile with a pawnshop profile allowing for remote loan and layaway payments, initiating of new loans, shopping, and viewing transactional history. The app differs from pawn kiosks as it doesn't require the customer to physically visit the brick-and-mortar store; this is critical when considering the consumer cost per transaction.
With thousands of successful payments, MobilePawn helps pawnbrokers deliver better customer service as well. Thomas Blaine, the owner of Garden City Pawn in Michigan, has seen a higher redemption rate and happier customers. He says, "We are excited to offer mobile pawn payments and happy to be in a low-interest state at 3%, where we will continue to provide low cost, innovative options for our customers. This huge convenience for our customers has made payments very easy."
Since its release, Bravo has garnered awards and acclaims, including 2018's Top 10 Most Innovative Software. Bravo has also launched a Mobile App, Shopkeeper, for pawnshop employees which helps drive employee engagement and further reduce store overhead.
Bravo Pawn Systems specializes in SaaS point-of-sale software for the pawn industry. Established in 1988, Bravo POS was designed by pawnbrokers for pawnbrokers. As the leading Microsoft Azure cloud-based pawn software system on the market, Bravo strives to enable pawnshops to grow their business by providing continually enhanced features and world-class customer service to help them compete with national big box stores. For more information, visit bravopawnsystems.com or follow us on Facebook, Twitter, LinkedIn, and YouTube.
SOURCE MobilePawn
