Shopify is one of the most popular eCommerce platforms and it offers a lot of features to its users. One such feature is ‘Buy Now Pay Later’.
So, does Shopify do Buy Now Pay Later?
The answer is yes, Shopify does offer Buy Now Pay Later as a payment option. This payment option is available for both new and existing Shopify customers.
You can find this option under the ‘Payments’ section in your Shopify settings. Once you enable this payment option, your customers will be able to choose it at checkout.
PRO TIP: Shopify does not currently offer a “buy now, pay later” option. However, there are a few Shopify apps that offer this functionality. Before using one of these apps, please be aware of the following:
-There is typically a fee for using a “buy now, pay later” service. This fee is usually a percentage of the total purchase price, and is added to your overall balance.
-If you choose to use a “buy now, pay later” service, you will be responsible for making timely payments on your balance. If you do not make payments as agreed, you may incur late fees and your account may be reported to credit agencies. This could negatively impact your credit score.
-Before using a “buy now, pay later” service, be sure to read the terms and conditions carefully. Make sure you understand all of the fees and responsibilities associated with the service.
There are a few things to keep in mind if you’re thinking of using this payment option. First, it’s important to remember that Shopify does not provide the financing for this option.
That means that you’ll need to find a financing partner before you can offer this option to your customers. Second, this payment option is only available for certain countries. Currently, the countries that are supported are the United States, Canada, Australia, and New Zealand.
If you’re looking for a way to give your customers more flexibility when it comes to payments, then Shopify’s Buy Now Pay Later option is a great choice. Just be sure to keep the two things we mentioned in mind before you get started.
Shopify’s Buy Now Pay Later option is a great way to give your customers more flexibility when it comes to payments. Keep in mind that Shopify does not provide the financing for this option, so you’ll need to find a financing partner before you can offer it to your customers. This payment option is only available in certain countries, so check to see if your country is supported before getting started.
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