What is Buy Now, Pay Later?

Here is more information about Buy Now, Pay Later (via Affirm).

Sierra Burton avatar
Written by Sierra Burton
Updated over a week ago

Buy Now, Pay Later is an innovative solution that allows customers to split the cost of their transactions into manageable installments (up to 36 monthly payments with interest).

In Goodshuffle Pro, when a customer pays for an invoice totaling $50.00 or more, customers can opt for Buy Now, Pay Later as their payment method. They will undergo a quick and straightforward application process, providing some basic information for an instant credit decision.

Once approved, you'll receive the full amount of those funds instantly while your customers can select an installment plan that suits their budget and preferences. This offers flexible durations for repayment, typically ranging from a few weeks to several months, with clear disclosure of fixed interest rates. You can learn more about Buy Now, Pay Later fees here.

Buy Now, Pay Later benefits both you and your customers. Customers can make purchases without paying the full amount upfront, making higher-priced items more affordable. On the other hand, you can attract more customers and boost sales by offering this flexible payment option.

You can learn more about the customer experience with Buy Now, Pay Later here.

Please note the following:

  • Buy Now, Pay Later cannot be used retroactively on signed contracts

  • Buy Now, Pay Later is only an available payment option for payments of at least $50.00 USD

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