Systems and methods for allowing consumers to use lease-purchase plans to obtain products from third-party merchants

A method for conducting a lease-purchase, the method comprising:

• accessing a merchant website associated with a merchant by a consumer using an electronic device;
• determining if the merchant is a supported retailer by a lease-purchase system,
• wherein the lease-purchase system is independent of the merchant and the merchant website;
• if the merchant is a supported retailer, transmitting a token to the electronic device for tracking items added to a virtual shopping cart by the consumer;
• from a plurality of checkout options, selecting a first option to initiate the lease-purchase order for the consumer;
• by the lease-purchase system, determining if the items in the virtual shopping cart qualify for the lease-purchase order;
• for all qualifying items in the virtual shopping cart, redirecting the consumer to an application associated with the lease-purchase system to collect credit card information from the consumer;
• determining, by the lease purchase system, if the consumer qualifies for the lease-purchase order based on the credit card information;
• determining repayment terms and conditions for the consumer for the approved lease-purchase order;
• and
• issuing the consumer a virtual credit card number to be used for checkout by the consumer at the merchant website.