Difference between revisions of "Accepting payments using Afterpay"
From Spiffy Stores Knowledge Base
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===Benefits For Afterpay Merchants=== | ===Benefits For Afterpay Merchants=== | ||
| − | * '''Incremental sales, new customers'''<br>Afterpay converts customers that would have otherwise abandoned, generating more sales from the existing customer base and creating new customers. | + | |
| − | * '''Guaranteed up-front payment'''<br>Afterpay pays merchants the full transaction amount within 48 hours of purchase, guaranteed. | + | * '''Incremental sales, new customers'''<br>Afterpay converts customers that would have otherwise abandoned, generating more sales from the existing customer base and creating new customers.<br> |
| − | * '''Increase basket size and repeat purchase rates'''<br>Afterpay customers spend more per transaction and over their lifetime, and they come back more often. | + | * '''Guaranteed up-front payment'''<br>Afterpay pays merchants the full transaction amount within 48 hours of purchase, guaranteed.<br> |
| + | * '''Increase basket size and repeat purchase rates'''<br>Afterpay customers spend more per transaction and over their lifetime, and they come back more often.<br> | ||
* '''Zero fraud or credit risk'''<br>Afterpay assumes all end-customer non-payment risk for every single transaction. | * '''Zero fraud or credit risk'''<br>Afterpay assumes all end-customer non-payment risk for every single transaction. | ||
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Revision as of 10:58, 24 November 2016
Afterpay’s proprietary technology platform enables shoppers to pay for items in four simple instalments, without the need for additional information at checkout.
Benefits For Afterpay Merchants
- Incremental sales, new customers
Afterpay converts customers that would have otherwise abandoned, generating more sales from the existing customer base and creating new customers. - Guaranteed up-front payment
Afterpay pays merchants the full transaction amount within 48 hours of purchase, guaranteed. - Increase basket size and repeat purchase rates
Afterpay customers spend more per transaction and over their lifetime, and they come back more often. - Zero fraud or credit risk
Afterpay assumes all end-customer non-payment risk for every single transaction.
Seamless integration with your store.
Activating Afterpay is simple, and can be done in the "Preferences -> Checkout & Payment" section of your Spiffy Store Toolbox.
To activate Afterpay, scroll down to the Alternative Payment Methods section, and select Afterpay. It's then just a simple matter of entering the Business ID provided by Afterpay, and clicking the Activate button. You may also want to add a note that is displayed in your checkout in the Extra Instructions to Buyer section.
For more information about Afterpay, Visit the Afterpay Website.