Buy now pay later
Futureproof your payment strategy
Buy Now Pay Later (BNPL) payment options make larger purchases more affordable and smaller purchases more flexible. BNPL has emerged as one of the most popular payment methods as analysts estimate that these services will account for 12% of total global ecommerce spend on physical goods by 2025.
With BNPL through PCI Pal, you’ll receive payment of the item up front, in full at the time of purchase, so you can confidently offer this payment option with no financial risk. You, as the merchant, receive the full payment of the item up front, minus any fees (just like a credit card payment, but lower), and don’t have to manage the financing.
THE BENEFITS OF BUY NOW PAY LATER
- Increases conversions by making smaller purchases more flexible
- Increases average order value by making larger purchases more affordable
- Reach new customers with a typical 27% incremental uplift in sales volume for BNPL businesses