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Pay In Parts.
An instalment finance product proven to improve merchant performance and increase customer satisfaction.
How does it work?
PartPay is a payment option that allows your customers to split the cost of their purchase into 4 interest-free payments. PartPay integrates seamlessly with popular eCommerce platforms and can be accessed via a web portal for in-store purchases.
PartPay provides a frictionless experience for both customers and merchants. The signup process for customers takes less than 2 minutes and decisions are instant (current acceptance rate is above 90%). Customers enjoy their purchase right away, while spreading the cost over 4 payments.
Merchants love that PartPay is risk-free and easy to use. Merchants are paid in full (less a small fee) the following business day, with all fraud and repayment risk assumed by PartPay. Comprehensive integrations with the most popular e-commerce platforms, alongside a simple in-store payment option, means PartPay can help your customer split the cost wherever they shop.
What are the benefits for merchants?
As a merchant, it’s an additional payment method, that influences positive customer behaviour and drives key metrics.
Customers are more likely to convert knowing PartPay will let them split the cost of their purchase into interest-free instalments. Conversions rates often increase by 20% and abandoned carts reduce by 15% after adding PartPay.
Increase Cart Size
Customers are willing to spend more and spend more regularly knowing they can spread the cost over more than 1 salary period. Average basket sizes for PartPay customers are usually 30% higher than regular customers.
Get paid up-front (the following business day) with all credit decisioning and risk sitting with PartPay for future instalments.
“PartPay made the integration process smooth and painless.
Within a fortnight, we saw a 22% increase in AOV”
- Jessica Mason | Founder pigletinbed.com
Need more information?
Fill out the form above to have one of our local team members get in touch. Alternatively, click the 'Contact Us' button below to send PartPay an email. We look forward to hearing from you.CONTACT US