They can try before they buy, and solely pay for what they keep within an order, up to 30 days later. How it works.Ĭustomers have a few options. From partnerships with the likes of Snoop Dog and Maya Rudolph, to campaigns that challenge the status quo, you’re bound to have seen these guys about. Next - and pioneering the market - we’ve the fintech giant with the funky identity and the promise of a “smoooth” shopping experience. What it costs.įree to merchants based in the US, selling in USD and have Shopify Payments and Shop Pay enabled. These are split equally, made biweekly, and are interest-free. How it works…Ĭustomers pay in 4 installments over 6 weeks to help with purchases of up to $1000. Do note: you must be using Shop Pay (Shopify’s checkout option) to access this. Whilst this is currently only available to US-merchants, broader roll-out is on Shopify’s roadmap. Shop Pay Installmentsįirst up, we have Shopify’s own BNPL product, Shop Pay Installments (powered exclusively by Affirm - more on these in a sec). For the BNPL solutions listed in this article, we’ve noted any technologies they’ll integrate fluidly with. When our clients are exploring options, we recommend they look at how well each BNPL tool integrates with their existing tech-stack - their payment processor in particular. It’s easy to see why so many brands are desperate to start offering Pay Later solutions to their shoppers.īut as the market heats up, and more and more players are looking to take a piece of the BNPL pie, as a merchant, it can be difficult to know where to begin in selecting the right provider. More money to put back into your business.
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