Have you already added Buy Now Pay Later functionality to your website?
Then it’s time to take action.
In this video, you will discover Buy Now Pay Later services from different angles. You will learn what is the benefit of Buy Now Pay Later for eCommerce and what your business is missing without such a payment option.
⏰ What’s inside the video ⏰
00:00 What is Buy Now Pay Later?
02:20 Buy Now Pay Later vs. Credit card
03:20 Why Consider Buy Now Pay Later for eCommerce
05:26 Buy Now Pay Later & Magento
#buy_now_pay_later_for_eCommerce #GoMage #buy_now_pay_later_magento
❓What is Buy Now Pay Later?
Buy Now Pay Later is a payment system that allows customers to buy products now and pay for them later in small installments. Buy Now Pay Later is a life-saver for customers when they don’t have the whole sum on hand.
🏦 Buy Now Pay Later vs. Credit card
Buy Now Pay Later services don’t require a hard credit card check, have no interest fee, and offer payment frequency that fits customers’ budgets.
With a credit card, interest charges can add up quickly and late payments can be damaging to your credit score.
Customers are more likely to try BNPL services, especially when we talk about Gen Z and Millenials, who are finally all grown up and have money to spend. If your target audience falls into one of these categories, it’s the best clue to adopt BNPL for your eCommerce business.
Most importantly, customers are familiar with such solutions and…
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