Systems and methods for providing manufacturer-based financial service accounts

A financial service provider system associated with a manufacturer for providing real-time manufacturer-based financing, comprising:

• a memory storing software instructions, and
• one or more processors configured to execute the software instructions to:
• receive, from a mobile client device, a product code associated with a product that is offered for sale at a merchant location, wherein:
• the product is associated with a manufacturer;
• the product code is affixed to at least one of the product, packaging for the product, a sign positioned in the merchant location, and a sign positioned outside the merchant location;
• and
• receiving the product code includes receiving information collected using at least one of a bar code scanner mechanism, near-field communication, and short-range wireless technology;
• initiate creation of a manufacturer-based financial service account associated with the manufacturer of the product;
• provide, to the mobile client device, an account application for the manufacturer-based financial service account;
• receive, from the mobile client device, user input of a user associated with the mobile client device, wherein the user input includes information associated with the account application;
• approve, based on the user input, a purchase of the product with the manufacturer-based financial service account;
• and
• provide, to the mobile client device, a purchase code identifying the manufacturer-based financial service account, the purchase code formatted for collection by a point of sale system and configured for purchasing the product using the manufacturer-based financial service account.

A non-transitory computer readable medium storing software instructions, that when executed by one or more processors of a financial service provider system, configures the one or more processors to:

• receive, from a mobile client device, a product code associated with a product that is offered for sale at a merchant location, wherein:
• the product is associated with a manufacturer;
• the product code is affixed to at least one of the product, packaging for the product, a sign positioned in the merchant location, and a sign positioned outside the merchant location;
• and
• receiving the product code includes receiving information collected using at least one of a bar code scanner mechanism, near-field communication, and short-range wireless technology;
• initiate creation of a manufacturer-based financial service account associated with the manufacturer of the product, the financial service provider system associated with the manufacturer;
• provide, to the mobile client device, an account application for the manufacturer-based financial service account;
• receive from the mobile client device, user input of a user associated with the mobile client device, wherein the user input includes information associated with the account application;
• approve, based on the user input, a purchase of the product with the manufacturer-based financial service account;
• and
• provide, to the mobile client device, a purchase code identifying the manufacturer-based financial service account, the purchase code formatted for collection by a point of sale system and configured for purchasing the product using the manufacturer-based financial service account.