Buy Now, Pay Later

Pay Later is Carat's Buy Now, Pay Later service in partnership with multiple providers. Carat's simplified Payment APIs makes it easy for ecommerce to offer payment methods through a single integration of multiple Buy Now, Pay Later options. 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.

Determining the right Buy Now, Pay Later provider depends on a few variables, such as the types of items you sell and your average order value. Most of our partners offer both pay-in-4 and monthly installment loan options. Contact us today for more information.

Our Buy Now, Pay Later partners 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.