Ecommerce - Buy Now Pay Later Options - Klarna etc

Ecommerce - Buy Now Pay Later Options - Klarna etc

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tvr_rich

Original Poster:

84 posts

285 months

Wednesday 25th January 2017
quotequote all
We sell high value products on our websites which we feel would benefit from some sort of finance payment option in the checkout process.

Does anyone have any experience with instant online finance payment options for ecommerce websites? Previously looked at Pay4Later but was put off by the setup fees but not so much of an issue now.

Currently looking at Klarna which looks fairly simple and hassle free. What sort of costs are involved? Guessing a setup, monthly and per payment fee?

We have in-house developers, so integration isn't an issue, just looking for a solid solution with reasonable costs which compare well to our normal transaction fees.

tvr_rich

Original Poster:

84 posts

285 months

Wednesday 25th January 2017
quotequote all
Thanks Uber.

Shocking website but I'll give them a call!

Anyone else used a similar payment option on their sites?

tvr_rich

Original Poster:

84 posts

285 months

Wednesday 25th January 2017
quotequote all
Looked into DivideBuy and don't think it's suitable for us.

When a customer clicks the "Pay with finance" button on a product page, they're redirected to a subdomain of dividebuy.co.uk (e.g yourwebsite.dividebuy.co.uk) quite far up the buying process.

The customer then has to reconfirm any options they selected with the product on your website (befoe being redirected) and complete the transaction on the DivideBuy website.

Very clunky and not a great customer experience, will be surprised if this takes off.

tvr_rich

Original Poster:

84 posts

285 months

Wednesday 25th January 2017
quotequote all
No, haven't had a demo yet, just went through some of their featured retailers & they all redirected to the subdomain site.

So the integration can be more seamless like Pay4Later?