Deferred payments

Increase sales in your online store by utilizing PayU’s innovative credit products. Enable deferred payments in Polish currency: buy now, pay later (BNPL) and 0% installments. All of this at no additional costs!

What are deferred payments?

Deferred payment through BNPL (Buy Now, Pay Later) allows consumers to pay for a product or service within 30-45 days without incurring additional costs. It gives the e-consumer the flexibility to decide when to pay for their order. This “buy now, pay later” solution enables planning and spreading out the costs associated with a purchase, while the financing method through card payments is quick and simple.

 

Installment payments are also a popular form of deferred payment among e-consumers. They allow for the total value of the shopping cart to be divided into smaller, recurring payments until the entire amount is paid off. The online installment purchase process is very fast, making this method increasingly popular among e-consumers.

 

According to research, over one-third of consumers utilize deferred payment options. In 2022, from January to August, as much as 33% of e-consumers used at least one form of deferred payment, including 23% opting for BNPL and 15% using installment payments. This highlights the importance of implementing this payment method for the growth of your business.

Why should you implement PayU’s deferred payments in your onli

Better conversion rates

Deferred payments allow customers to make a purchase without immediately charging their bank account or credit card, which can encourage more purchases.

Higher shopping cart value

The average value of a cart financed with deferred payments can increase by 20% to as much as 60% compared to other payment methods available in the online store.

Reaching new customers

Individuals who prefer to pay in installments may be more inclined to make a purchase at a store that offers deferred payment options.

Competitive offering

Meeting the expectations and needs of customers who seek flexible transaction methods in online stores is a must-have for any e-commerce shop that wants to thrive in an increasingly competitive market.

Increase in revenue

Deferred payments can encourage customers to add more products to their cart, especially during seasonal sales periods. Additionally, offering convenient payment options can contribute to greater customer loyalty towards the online store.

Enable deferred payments

Solutions enabling purchases with deferred payment

  • PayU GPO | Pay Later with Twisto

    PayU GPO Pay Later with Twisto. The type of payment in an online store affects profits and the completion of the shopping cart. Increase sales in e-commerce by utilizing deferred payment options.

  • BNPL PayPo BNPL PayPo

    PayU GPO | Pay Later with PayPo

    PayU GPO Pay Later with PayPo. Increase your e-commerce sales by utilizing deferred payment options.

  • PayU GPO Pay Later with Klarna

    PayU GPO Pay Later with Klarna. A new flexible payment method for your online store.

How to activate PayU?

14