Buy now pay later

StoreHippo facilitates the "buy now pay later" functionality. With this feature, the buyers have the flexibility to:

• Either buy now and pay for the shopping later on within the given time
• Or split their purchases into installments.

The installments are interest-free with no additional, hidden, or late fees. Also, it doesn't impact the credit scores. Buy now pay later is proving to be an important sales conversion driver for merchants.

Supported payment gateways

StoreHippo supports the following Buy Now Pay Later (or pay in installments) payment gateways:

• ePayLater
• Tamara

Advantages of buy now pay later

The "buy now pay later" feature, tends to increase sales by offering flexible, risk-free financing and consequently, expanding your customer base. Here’s why you should consider adopting buy now pay later options:

• Get paid upfront: You will be receiving the full amount upfront, while your customers will be paying overtime.
• No hidden fees: There are no hidden fees included for your customers.
• Boost conversion: Helps to convert more customers by letting them pay in smaller increments over time.
• Faster checkout: It cuts the checkout times, makes checkout a breeze, and hence reduces cart abandonment. 
• Maximize buying power: Allow buyers to increase their budgets and maximize their purchasing power by giving them the ability to buy what they want.