BNPL ( BUY NOW, PAY LATER )
Recently, new methods of credit card payments for business owners have emerged to split payments options, BNPL (Buy Now, Pay Later).
We are excited to introduce this new credit card installment payment system, especially for businesses that have experienced loosing large sales.
This system will offer the options to choose between full and installment payments, similar to the system in Korea.
For business owners with large credit card sales, please inquire about our services.
This solution is more convenient for B2B businesses, those currently using leasing or installment billing systems.
Features of our service:
* Interest-free installments for up to 3 months.
* Customers’ remaining credit card limits/amounts are not affected.
* Maximum payment amount: $25,000.
* Customers can select installment terms and make payments directly from their phones on-site.
* BNPL fee: 5% (standard BNPL rate).
* Reduces the burden of high costs, boosting customer sales and increasing revenue.
* Full funding of the purchase amount is deposited into the merchant’s account the next day.
* No payment risk (handled by the bank).
* In BNPL transactions, customers are paying the provider, so chargebacks won’t affect
merchants and chargeback management department handles dispute cases. Fraudulent cards cannot be used.