Shares in Perth-based Thinksmart were higher today after the company extended an agreement with JB Hi-Fi to offer its financing product to the retailer's customers until the middle of 2011.

The deal follows Thinksmart's rollout of its new online processing system across all 105 JB Hi Fi stores in Australia and New Zealand, delivering a 60 per cent reduction in customer processing times and lowering Thinksmart's operating costs.