New mobile tech changes the pawn industry

Published May 10, 2019 11:13 AM EDT

American Jewelry and Loan, the internationally recognized Detroit pawnshop owned and operated by father and son team, Les and Seth Gold, announce the launch of a new mobile pawn system, "FastPawn" by PawnMate Inc.

The system allows customers the ability to renew loans or make loan/layaway payments, cash-free, from the convenience of personal smart phones and computers.  

American Jewelry is also tackling in-store convenience by launching a first-of-its-kind, in-store, self-service kiosk that allows customers to renew loans, make layaway payments and pick up items in pawn faster and easier.

FastPawn is available online at pay.pawndetroit.com/.