Buy now pay later – or in our language, “Buy now, ChargeAfter” is the most widely used term for “Point of Sale Financing.” Most merchants advertise their consumer financing options on their websites and other marketing material as “Buy now, pay later” options.
Buy now pay later means exactly that. It allows the merchants to advertise easy and affordable payment options to purchase products today but rather pay for them at a later point – over time.
ChargeAfter offers consumers with Point of Sale Financing options such as split payments, revolving credit and 0% APR from 6-48 months and more from multiple lenders that service consumers across every credit type.
Merchants using ChargeAfter’s “Buy now Pay later” pos financing enjoy approval rates reaching 85% and above while seeing a 45% increase in their average order values in their first 60 days!