Company Announcements

Progressive Leasing and Best Buy Leaders Featured on Panel to Discuss Financial Inclusion Trends at Merchant Advisory Group Payments Conference

SALT LAKE CITY--(BUSINESS WIRE)--Sep. 17, 2024-- Progressive Leasing, a leading provider of e-commerce, app-based, and in-store lease-to-own solutions owned by fintech holding company PROG Holdings, Inc. (NYSE:PRG), will be featured alongside Best Buy, ChargeAfter and other leaders in the retail and payments industry at the 2024 MAG Payments ConferenceSeptember 16-19 in Orlando, Florida.

Session Name: Check Your Balances: How Financial Inclusion is Defining a Generation

Panel Participants:

  • Nathan Roe, Chief Commercial Officer, Progressive Leasing
  • Jai Holtz, Vice President of Financial Services, Best Buy
  • Meidad Sharon, Founder and CEO, ChargeAfter

When: Wednesday, September 18th at 3pm EST

Where: MAG Payments Conference, Orlando, Florida

This general session panel will provide insights into Gen Z and Gen Alpha’s payment habits and how merchants can leverage various financial inclusion products to meet customers’ evolving needs and preferences.

For more information on this panel and the MAG Payments conference, please visit merchanradvisorygroup.org.

About Merchant Advisory Group

The Merchant Advisory Group (MAG) plays a vital role in helping merchants and the industry shape innovative approaches to payments. Providing unparalleled collaboration and networking opportunities for merchants and sponsors, the MAG collaborates with industry stakeholders and advocates for merchants’ interests. The MAG represents over 150 U.S. merchants which account for over $4.8 Trillion in annual sales at over 580,000 locations across the U.S. and online. Roughly $3.5 Trillion of those sales and over 100 Billion card payments are electronic which represents approximately 62%* of total U.S. card volume. MAG members employ over 14 million associates.

*Source of Total U.S. card volumes: Federal Reserve Payments Study 2019

About Progressive Leasing

Progressive Leasing is a leading provider of in-store, e-commerce, and app-based point-of-sale lease-to-own solutions that provide transparent and competitive payment options and flexible terms intended to help credit-challenged customers achieve merchandise ownership. The company has helped millions of consumers acquire furniture, appliances, jewelry, electronics, mattresses, cell phones, and other products consumers need by utilizing a technology-based proprietary platform that provides instant decisioning results. Progressive Leasing is owned by PROG Holdings, Inc. (NYSE:PRG), a fintech holding company based in Salt Lake City, Utah. More information on Progressive Leasing can be found on the company’s website: https://progleasing.com.

media@progleasing.com

Source: PROG Holdings, Inc.