Sezzle’s Post

Buy Now Pay Later has been taking the payments world by storm, becoming a preferred payment method by many consumers... So what's next for these features? iDeal and in3 have released a pilot feature to allow its customers to pay in 3 installments! 💸 The feature aims to test how Dutch consumers pay and receive payments with iDeal 💰 Read more about the feature here: https://lnkd.in/euSemCT7

🔥 Hot take on whether or not to show BNPL options on your PDP: When shoppers land on your Product Details Page, they're deciding whether or not to buy your product - not how to pay for it. That's why it's important to remove distractions and reduce cognitive load at this stage, to encourage more add-to-carts - and eventually, more transactions. Recent a/b tests have proven that hiding BNPL options on PDPs can lead to more add-to-carts and transactions. In fact, we observed a 1.8% increase in add-to-cart rate on mobile and 1.7% on desktop in our most recent test. And, mobile transactions were up +1.3%. (Desktop transactions were also showing a lift, but were not statistically significant.) To maximize conversions, we recommend surfacing BNPL options like Klarna and Afterpay in the cart and checkout, where your visitors are thinking about how to pay. Are you currently using BNPL options? And if so, are you showing them on your PDP? Worse yet, are you showing them above your Add To Cart button?

Speculation abounds on the burgeoning role of Real-Time Payments (RTP) within the US eCommerce landscape. As online shopping continues to soar, RTP emerges as a formidable contender, promising unparalleled speed and convenience in transactions. With its potential to eliminate payment delays and enhance the checkout experience, RTP stands poised to revolutionize the way consumers and businesses interact in the digital marketplace. 💳 #PaymentSolutions #RealTimePayments #EfficientPayments #USPaymentSolutions #PaymentMethods #USPaymentProvider #USPayments #PaymentSolutions #StreamlinedPayments #BusinessBanking #FinancialServices

BNPL solutions were already becoming a clear favourite for consumers due to the convenience and the ease of use, but with how the economy is tracking, more and more users are moving towards it. Learn how BNPL is gaining traction as a preferred method of payment among consumers amidst increasing prices! 💳💸 with this article from Digital Transactions featuring some new data from Forter.

Buy Now Pay Later (BNPL) is evolving from a flexible payment option to an essential retail feature and a valuable ally for small businesses. As BNPL reshapes consumer spending habits, 22% of consumers say they would be willing to abandon retailers if BNPL options were unavailable at checkout. Explore how BNPL providers like Sezzle are shaping the future of payments - by offering personalized shopping experiences and solutions for B2B: https://lnkd.in/eT2-kKjK

Empower your customers with Buy Now Pay Later 💪🛍️ Buy Now Pay Later (BNPL) is an alternative payment method that lets customers make payments in installments without a credit card. 📆 How does BNPL work? The customer picks BNPL at checkout and chooses the period, number of installments and how much he is going to pay in each installment. These payments are charged depending on the chosen payment method on specific dates. 🤩 Why bring BNPL to your commerce? - It contributes to clients’ overall convenience - Offers more flexible options to your clients - Boosts customer satisfaction - No interest or fees - Includes consumers who don’t own a credit card - Helps those who don't have enough credit on their cards and want to obtain additional credit capacity BNPL is a worldwide trend, mainly to meet the needs of those who do not have links with financial institutions or have low credit capacity with any financial institution, with instant credit analysis in an easy, intuitive and convenient payment process. Do you want to increase your customer experience by adding new payment methods? Connect with Yuno at https://hubs.la/Q02xjm440 #Payments #Ecommerce #Digitalpayments #GlobalPayments #Innovation #BNPL

Struggling with high cart abandonment rates in your online store? The solution might be simpler than you think! Our newest blog tackles the common yet overlooked issue of cart abandonment and highlights how integrating more payment options can dramatically decrease those lost sales. In 'Payment Power: Turning Browsers into Buyers', we break down the significant impact that offering a wide range of payment solutions can have on your e-commerce success. Learn about the power of payment flexibility in converting hesitant shoppers into loyal customers. 👉 Dive into our blog now to explore the strategies that work ➡️ https://hubs.li/Q02vBX930 #EcommerceSuccess #PaymentOptions #OnlineShopping #FintechSolutions #Paytech

Amidst the surge in online shopping, there's significant speculation surrounding the adoption of real-time debit payments in the eCommerce realm. 💻 As consumers increasingly prioritize speed and convenience in their payment experiences, the demand for instant payment solutions is on the rise. Real-time debit payments emerge as a frontrunner, offering merchants and customers the perk of immediate transaction processing. This reduces payment friction and elevates the overall shopping journey. With eCommerce's continuous expansion, the anticipation grows for real-time debit payments to carve out a more significant niche in the market. It's poised to revolutionize online transactions, capturing a larger market share in the process. 📈 #eCommerce #PaymentSolutions #RealTimePayments #EfficientPayments #USPaymentSolutions #PaymentMethods #USPaymentProvider #USPayments #PaymentSolutions #StreamlinedPayments #BusinessBanking #FinancialServices

Ever notice how the checkout line tempts you with last-minute buys? Retailers know visibility boosts sales. What if we applied this to personal finance by subtly placing saving or responsible spending options? Imagine getting savings prompts during everyday banking, just like impulse buys at the checkout. Like we are bombarded with options to convert purchases to EMIs or, the prompts to use card rewards to settle purchases? What if we tailored the visibility of "transacting with debit" options to resonate with an individual's financial goals and lifestyle? Saving/ debit card would become less of a transaction and more of a personally relevant decision aligned with one's short- and medium-term aspirations. How about we top it up with rewards like for using credit cards? There's so much we can do with placement (the modern-day embedding) to nudge consumers towards healthier financial habits. Making them not just accessible but irresistible, as instinctive as choosing that last-minute snack at the checkout.

Consumer expectations for seamless checkout experiences are continuing to grow. Explore the recent payments methods report to learn more about digital commerce, unique payment experiences, and more for consumers. #Payments #Digital #Report #Merchant https://bit.ly/3U1CQLZ