BNPL lets customers pay for a purchase over six weeks, in a total of four two-week installments. This payment option can encourage consumers to take on large purchases they might not otherwise be able to afford.
Buy Now Pay Later Blog Posts
Sezzle is one of the highest-rated buy now, pay later apps out there right now. Find out how Sezzle payment plans work for your customers, how to incorporate BNPL into your eCommerce business, and whether Sezzle is the BNPL app that meets all of your business’s needs.
Afterpay is one of several popular BNPL providers that offer short-term loans to your customers and pay you the total purchase price upfront, taking on all the financial risk for merchants. Read on if you want to know how Afterpay works, how it’s different from other BNPL options, and whether this BNPL solution is the right one for your eCommerce business.
Customers who have the option to pay for their purchases in smaller installments with BNPL solutions are less likely to click away from your site at checkout, and more likely to spend more per order. PayPal Pay In 4 was created so that online businesses of every size could easily implement their own buy now, pay later programs.
Buy now, pay later options are an easy way to increase your sales and decrease abandoned carts, and they are well worth the investment. This post takes a look at the best buy now, pay later services for different types of businesses. Read on to find the BNPL provider that’s right for you and your customer base.
Buy now, pay later (BNPL) is a payment option that allows shoppers to purchase an item now by paying a percentage of the total cost upfront, and paying for the rest of it in installments over a set period of time. Is adding a BNPL payment option to your online store a good way to increase sales?
A buy-now-pay-later can give customers the ability to spread out payments in a budget-friendly fashion. Issuing short-term loans to customers yourself can be risky, both financially and legally. The smart choice might be to partner with an established BNPL partner like Klarna to give customers financing options while keeping your own risk low. Read on for more information about Klarna!
Buying something now but paying for it later has always been a tantalizing concept. But the idea is gaining even more steam now thanks to current events. Traditionally, people turned to credit cards when they didn’t have the cash on hand to afford a purchase. Today’s consumer is increasingly wary of credit card debt, however, and interest in other avenues has grown. Not surprisingly, a bevy of buy now, pay later (BNPL) services have sprung into action to meet the need.
Financing allows those who are wavering on a purchase because of the price to buy from you right away and then pay for the goods/services in installments in the future. This way, you don’t lose a sale to sticker shock. This is called customer financing or, sometimes, consumer financing. Broadly speaking, you can provide customer financing yourself, or you can use a third-party financing specialist. As to how to do either, along with their pluses and minuses, read on to find out.
Businesses that have exhausted normal methods of acquiring capital may find themselves turning to less known methods, such as vendor financing. Like most forms of alternative financing, it’s less a broad solution and more a specific help for small businesses whose needs fall into a specific niche. Is it the best choice for your particular small business financing needs? Read on to find out.