PayPal Pay Later options now available on Smart Checkout

As the global payments industry evolves, we continuously enhance our services to keep providing our clients the edge they need. That’s why we expanded our partnership with PayPal to offer Buy now, Pay Later options for e-shops or online businesses.

In Europe, PayPal Pay Later options are currently available in the UK, France and Germany, with Italy, Spain and more soon to follow.

With Pay Later from PayPal, merchants can help their customers buy now and pay over time, while they get paid up front. Pay Later options are already included in their PayPal Checkout integration and available for their online store at no additional cost to their business.

In short, the payment process becomes a lot easier for the customers, whilst remaining exactly the same for the business owner.

Once a merchant adds PayPal Pay Later to their payment methods, there’s a strong chance they will see a significant increase in their sales and profit margins. After PayPal studied how offering Buy Now, Pay Later services affected businesses, they reached a clear conclusion: Businesses with pay-over-time messaging on their site have seen their average order value increase by up to 56%. Put simply, giving the customers more ways to buy is a win for both the customer and the business.

Smart Checkout requires no effort to always have updated, as Viva Wallet deals on an ongoing basis with any enhancements to offer new features and additional payment methods as well as the continuous compliance with ever-changing regulatory requirements. Better yet, Smart Checkout remembers the customers’ preferences and dynamically shows the payment methods most likely to convert. As a result, using Smart Checkout can increase conversion rates by up to 21%.

With PayPal Pay Later and Smart checkout, business owners can help their customers pay over time at no additional cost and help turn browsers into buyers.