Buy Now, Pay Later (BNPL) is now available as a payment option for your customers through Carat.
Increase sales velocity and drive spend with the fastest growing alternative payment option in North America.
Buy Now, Pay Later outpaced total online sales growth by a 3x factor for the 2021 holiday shopping season1
of users wish Buy Now, Pay Later was accepted by more businesses 2
Single platform integration for multiple BNPL enrollments where merchants can get all payment options with Carat.
Minimal tech lift. Easy to use.
Carat's simplified Payment APIs makes it easy for ecommerce merchants to offer payment methods through a single integration. This leaves you with a unified and elegant integration that requires minimal development time and maintenance, regardless of which payment methods you implement through Carat.
Buy Now, Pay Later providers typically charge a merchant discount rate (MDR) and/or transaction fee. The fee per transaction is based on a few factors, including the program options you choose, your business size, and your risk profile. Rates are transparent with no hidden fees. Contact us today for more information.
Your enabled Buy Now, Pay Later option can be messaged to customers at multiple touchpoints throughout your website, including homepage, product, cart and checkout pages. Customers can then select their preferred Buy Now, Pay Later option as a payment method, sign up with a few pieces of information and get approved for a payment plan in real-time. Once your customer selects their payment plan, you will be able to process the order and offer confirmation.
Sources: 1. Adobe, January 2022; 2. The Strawhecker Group, April 2021