New mobile tech changes the pawn industry

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