Embedded Buy Now Pay later Product
Kredexperts, offers an innovative Embedded Buy Now Pay Later Financing solution that empowers businesses to offer flexible payment options to their customers. With our seamless integration into your website or e-commerce platform, you can provide your customers with the convenience of purchasing products now and paying for them later. Here why you should choose our Embedded Buy Now Pay Later Financing solution
Increased sales
By offering a Buy Now Pay Later option, you attract more customers who may have budget constraints but still want to make purchases
Enhanced customer experience
Provide your customers with the flexibility to choose their preferred payment terms, improving their shopping experience and loyalty
Higher conversion rates
Offering flexible financing options can boost conversion rates as customers are more likely to complete their purchases when given the option to pay over time
Steps to Apply for an Embedded Buy Now Pay Later Financing Product:
1
Integration setup: Collaborate with our technical team to integrate the Embedded Buy Now Pay Later Financing solution into your Order Management System or ERP.
2
Application submission: Customers can apply for financing directly on your website during the checkout process, providing necessary information for approval.
3
Approval and decisioning: Our system will assess the customer application in real-time, granting instant approval or requesting additional information if needed.
4
Payment and fulfillment: Once the custome purchase is approved, you receive payment upfront from Kredmint, and you can fulfill the order immediately.
5
Repayment and reporting: Kredmint manages the repayment process with the customer, while you receive regular reports and updates on the status of the financed orders.
Frequently Asked Questions
We maintain transparent fee structures, and customers will be provided with clear information on any applicable fees or charges
Yes, customers have the option to make early repayments without any penalties, allowing them to manage their finances according to their preferences.
Kredmint provides dedicated customer support to handle any inquiries or issues related to the Buy Now Pay Later financing.