As a business owner, giving your customers the ability to pay for their purchases using Afterpay, Klarna or Clearpay can be a great way to increase sales and customer satisfaction.
These payment methods allow customers to spread the cost of their purchase over a period of time, making it more affordable for them. This can be a great option for customers who are on a tight budget or who need to make a big purchase but don’t have the funds available upfront.
Offering these payment methods can also help to increase customer loyalty, as they’ll be more likely to return to your store in the future if they know they can use these payment methods.
If you’re thinking of offering Afterpay, Klarna or Clearpay to your customers, there are a few things you need to know. In this blog post, we’ll take a look at what each of these payment methods is, how they work and what you need to do to offer them to your customers.
What is Afterpay?
Afterpay is a payment method that allows customers to pay for their purchase over a period of time. Customers can choose to pay for their purchase in four equal instalments, due every two weeks. There’s no interest or fees charged, as long as customers make their payments on time.
To use Afterpay, customers need to have a credit or debit card. When they checkout, they’ll need to enter their card details and choose Afterpay as their payment method. They’ll then be prompted to create an account with Afterpay. Once their account is set up, they’ll be able to complete their purchase.
What is Klarna?
Klarna is a payment method that allows customers to pay for their purchase over a period of time. Customers can choose to pay for their purchase in two instalments, with the first instalment due at the time of purchase and the second instalment due 30 days later. There’s no interest or fees charged, as long as customers make their payments on time.
To use Klarna, customers need to have a credit or debit card. When they checkout, they’ll need to enter their card details and choose Klarna as their payment method. They’ll then be prompted to create an account with Klarna. Once their account is set up, they’ll be able to complete their purchase.
What is Clearpay?
Clearpay is a payment method that allows customers to pay for their purchase over a period of time. Customers can choose to pay for their purchase in four equal instalments, due every two weeks. There’s no interest or fees charged, as long as customers make their payments on time.
To use Clearpay, customers need to have a credit or debit card. When they checkout, they’ll need to enter their card details and choose Clearpay as their payment method. They’ll then be prompted to create an account with Clearpay. Once their account is set up, they’ll be able to complete their purchase.
How to offer Afterpay, Klarna or Clearpay to your customers
If you’re interested in offering Afterpay, Klarna or Clearpay to your customers, there are a few things you need to do.
First, you’ll need to sign up for an account with the payment provider. You can do this by visiting their website and following the instructions.
Once you’ve set up your account, you’ll need to add the payment method to your checkout page. This can usually be done by adding a few lines of code to your checkout page.
Once you’ve added the payment method to your checkout page, your customers will be able to choose it as their payment method at checkout.
It’s important to note that you may be charged a fee for using Afterpay, Klarna or Clearpay. This fee is usually a percentage of the total purchase price, and will be charged to your account by the payment provider.
Before you start offering Afterpay, Klarna or Clearpay to your customers, make sure you understand the fees and charges associated with these payment methods.
Conclusion
Offering Afterpay, Klarna or Clearpay to your customers can be a great way to increase sales and customer satisfaction. These payment methods allow customers to spread the cost of their purchase over a period of time, making it more affordable for them.
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