Ever wondered how Buy Now, Pay Later (BNPL) is changing the game for online shopping? 🛍️ We've got the scoop on how BNPL is boosting sales, reducing cart abandonment, and making shopping easier for everyone. Check out our latest article to see how you can leverage this trend for your SHOPLINE store. Don't miss out on these valuable insights! 👉 Read more here: https://bit.ly/3VeDIxw #Ecommerce #BNPL #OnlineShopping #SHOPLINE #STRATAGEMS #BuyNowPayLater #DigitalPayments #RetailInnovation #CustomerExperience #Fintech #PaymentSolutions #BusinessGrowth #klarna #stripe #paypal

As we continue to explore insights from our recent survey with Retail Dive, we’re excited to share the sixth of '7 Unexpected Ways Buy Now, Pay Later is Changing the Payments Landscape.' Our findings reveal that loyalty to specific BNPL platforms is low among shoppers. In fact, three-quarters of consumers are open to using multiple Buy Now, Pay Later platforms. Additionally, 9 out of 10 retailers now offer more than one BNPL option. Shoppers prioritize the flexibility to spread out their payments over brand loyalty to any single platform. Stay tuned as we delve deeper into how Buy Now, Pay Later is dynamically reshaping the retail landscape and transforming the future of payments.

Buy Now Pay Later (BNPL) - More than just a payment trend 📈 A recent study by Kantar, in partnership with FLOA, reveals that BNPL is not just a passing trend. It's becoming a cornerstone of the shopping experience, influencing consumer choices and shaping retailer strategies. Did you know that: - 29% of shoppers consider payment options as important as customer reviews when choosing a store 🛍️ - BNPL is driving responsible consumption habits, with 59% of French BNPL users stating it enables them to buy better quality or more sustainable products🌱🌍 The findings also underscore the importance of a smooth, integrated payment process, where BNPL options fit effortlessly into the overall shopping experience. ProcessOut's orchestration platform empowers retailers to achieve just that. Want to learn more about the transformative power of #BNPL? Read the full report here: https://lnkd.in/erWg76zS

Buy now, pay later (BNPL) is storming the retail industry! Recently, Sezzle and Retail Dive’s studioID surveyed to explore the BNPL phenomenon and its impact on consumers and merchants. The survey found that BNPL is not just a convenient payment option, but it also elevates purchasing power for consumers, enables responsible decision-making, and generates more sales for merchants by attracting new customers to improve loyalty and acquisition. The survey also explored how the availability of BNPL impacts purchase decisions, its influence on retail sales and other financial metrics, and the business benefits of offering BNPL to consumers. With BNPL proliferating, retailers need to understand the benefits of this payment option and how it can improve their bottom line. Are you using BNPL as a payment option? Read through the playbook below to learn how BNPL can help you provide more value to your customers 🚀 Don't miss out on this transformative trend reshaping the retail landscape! Stay ahead of the curve with insights from our latest survey. #BNPL #RetailTrends #FinanceOptions #fintechafrica #paymentsolutions

BNPL isn't just a trend—it's a game-changer for businesses! 🚀 Offering Buy Now, Pay Later options can significantly boost sales by making products more accessible to a broader audience. It’s all about meeting customers where they are, with the flexibility to pay over time. BNPL is reshaping consumer spending habits and driving growth in retail, making it easier for customers to make purchases they might otherwise hesitate on. Imagine the potential of turning window shoppers into loyal customers simply by offering a flexible payment solution. #BNPL #BusinessGrowth #RetailRevolution #CustomerExperience

Is adding Buy Now Pay Later (BNPL) to your checkout, worth it? BNPL now accounts for over $300bn transactions worldwide, but businesses are often hesitant to update checkout flows without clear supporting evidence that it's worthwhile, so... is it? To find out we listened & used our scale to test the impact of adding BNPL at across over 150,000 checkout sessions & Raisa Ahmed has written a wonderful blog about the findings, which I will link to & highly encourage you to read (>5 mins) Here's some test-highlights to whet your whistle: 🚀 66% of BNPL volume comes from net new transactions 💰 BNPL drove a 14% increase in revenue 💸 Transactions between $500-1,500 saw the highest conversion increase, but ALL of the order value spectrum saw material increases in conversion rate by offering BNPLs Thank you Raisa for your insights! Scroll into the comments for the link! 🙌 #bnpl #ecommerce #payments

The Popularity of Buy Now, Pay Later (BNPL) Models in eCommerce: The Buy Now, Pay Later (BNPL) model has surged in popularity across the eCommerce landscape. Offering customers the flexibility to split payments into manageable installments, BNPL has transformed how people shop online. Platforms like Klarna, Afterp... http://dlvr.it/TFTLqK

From our top 10 most read articles last month... Buy Now Pay Later (BNPL) schemes such as Afterpay and Klarna "" drives both an increase in purchase likelihood and 10% larger basket sizes."" Learn more about the research behind this purchase behavior. #BNPL #BuyNowPayLater #ConsumerSpending

#RetailStories As retailers gear up for Black Friday and the festive season, are you ready with your payments strategy? The rise of BNPL and digital wallets is transforming customer loyalty and checkout experiences. With innovations like embedded finance, instant payments, and mobile point-of-sale systems, retailers can enhance their operations, boost cash flow, and deliver seamless experiences. Now is the time to embrace these technologies to stay ahead of evolving consumer expectations. Read more about how payment options are redefining the game from a recent interview with Zitec's very own Lucian Daia: https://lnkd.in/d7kQwxwG #DigitalTransformation #BNPL #BlackFriday

[Buy Now Pay Later] BNPL impacts consumer spending across all generations. 🚀 In the US, in 2023, the adoption of BNPL is global, extending across all generations 🙎♂️ There are no significant differences between BNPL customers and traditional e-commerce customers. ➡️ This trend is transforming consumer behavior, making flexible payment options a critical factor in driving sales and customer loyalty. #BNPL #ecommerce #insights #marketintelligence #businessintelligence #buynowpaylater