KRONOS ADVANCED TECHNOLOGIES INC UNVEILS INSTALLMENT PAYMENT OPTIONS TO GIVE ONLINE SHOPPERS FLEXIBLE AND AFFORDABLE WAYS TO PAY

Los Angeles, CA, Aug. 21, 2020 (GLOBE NEWSWIRE) -- KRONOS ADVANCED TECHNOLOGIES, INC., (OTC MARKETS: KNOS) ("KNOS" or the "Company") a revenue-generating, product development and production company that has significantly changed the way air is moved, filtered and sterilized announced today the availability of a seamless option for customers to pay-over-time at checkout.

This new service will be provided utilizing Affirm, a more transparent, flexible alternative to credit cards. Affirm's buy now, pay later financing solution is made available to eligible Shopify merchants in the U.S., that want to offer this flexible payment option.

At checkout, when approved by Affirm, customers are able to split their total purchase amount into 3, 6 or 12 equal monthly payments. True to Affirm's long-standing commitment, customers will not be hit with hidden fees.

Kronos believes that allowing affordable payments will enhance sales, improve customer loyalty and overall cash flow while offering our shoppers a friction-free payment experience at checkout using the Company’s online store www.1800safeair.com

VISA reported in a recent study that 74% of U.S. cardholders think installments are helpful for budgeting and 70% believe it alleviates the stress of making large purchases. Also, three-in-five millennials in the U.S. said that they are interested in a point of sale financing for large online purchases.

According to a new survey from Affirm as parents prepared for the new school year, uncertainty around whether classes would begin at home or at their schools delayed their shopping. While last year parents began shopping in July, the majority of shopping is taking place in August of 2020. Additionally, 69% of parents in the U.S. with children in grades K-12 believed the school year would start at home. Living Rooms are the New Classrooms and 39% will use living rooms as their classrooms followed by the kitchen/dining rooms (27%), and bedrooms (22%).

Based on their experiences in the spring of 2020, the majority (61%) of parents said their child spent 3-4 hours per day doing actual classwork during at-home school. 

Healthy indoor air quality at home is vital for children. Clinical research supports the fact that the development of a child's lungs and overall health can be affected by allergens and pollutants in the air, and some outdoor toxins can even affect brain development. Therefore, improving indoor air quality at home should be a top priority for any family. Kronos Advanced Technologies offers patented high-end smart air purifiers for the whole family. Our air purifiers are powerful, eco-friendly and feature a washable, reusable primary filter. Utilizing a patented filtration system, our products are designed to remove up to 99.99% of bacteria, viruses, formaldehyde, and other harmful elements from the air.