Buy Now Pay Later - Why you should be considering it.
Buy Now Pay Later has revolutionised how clients trade in an increasingly competitive market - and it's only getting more attractive for consumers and retailers alike.
Our founding partner, Cheryl Ingram recently shared an opinion piece on this increasingly popular payment method with @retailbriefafrica where she noted that integrating BNPL payment options as part of the standard payment gateway selection is an essential part of our suggested strategy - at last count, more than 50% of our retail clients had opted to integrate our preferred supplier @PayJustNow as an additional payment platform alongside their usual channels.
We see incorporating a BNPL solution as benefitting both consumers and retailers - retailers are able to cast their consumer net further than before, and since the credit parameters are far less repressive than traditional banking institutions, in turn their basket values are rising as are the frequency of their repeat shopper behaviours.
Read the full article published by Retail Brief Africa: https://retailbriefafrica.co.za/how-buy-now-pay-later-short-term-financing-will-boost-sa-online-retail/