LOOP Buy Now Pay Later
At times, your customers may not be in a position to immediately pay the full amount or lump sum for a product or service they are interested in from your business.
As a LOOP registered merchant, you can easily move high-value and slow-moving stock faster when your customers are able to take advantage of the LOOP Buy Now Pay Later (BNPL) credit plan.
The BNPL plan makes it easier for your customers to immediately get what they want and pay for it later after the sale date.
They can borrow instantly from the LOOP Buy Now Pay Later offering and can proceed to make a partial or full payment to complete their purchase on your LOOP Merchant Till.
With LOOP Buy Now Pay Later, you do not have to risk giving them credit or unfavourable discounts to purchase your goods or services.
Why choose to close sales with a LOOP Buy Now Pay Later plan?
Easily attract new customers who have the option to directly buy a product and pay for it later
Get to move high-value and slow-moving stock faster
Limit strains on your cash flow when LOOP directly offers credit to your customers
Reduce instances of abandoned online shopping cart