Offer Interest Free Extended Terms with iwocaPay
Have you heard of iwocaPay?
It’s a simple checkout for your invoices that brings together instant payments, free transactions, and flexible financing. But the reason you should really know about it is that it can help you get paid faster and easier by offering your customers the ability to pay now or pay later with interest-free credit for 90 days, so you get paid upfront!
“Get paid twice as fast by offering an online payment option”
You can take payments anywhere, without fees, and let business customers spread the cost, easing their financial burdens and making it more likely you’ll get paid on time. Plus, it completely eliminates the time-consuming process of chasing customers yourself, something we could all do without.
“Customers are 57% more likely to purchase”
You can take all of your payments through iwocaPay for free, but you can also give interest-free extended terms to whichever customers you choose for an additional fee and offer card or PayPal payments.
Learn more about iwocaPay’s transaction fee options.
“75% of business customers paid on the same day when using iwocaPay”
So how does it work?
If a customer pays now, you’ll get 100% of your funds into your account as soon as they finish checking out, with no fees or interest. It’s completely free!
If they choose to pay later, customers can spread the cost over 90 days, interest-free. IwocaPay will settle 100% of your invoice, and they won’t request the money back if the customer fails to pay.
You can offer flexible terms and get paid through a simple link you only need to set up once.
How does it work for customers?
If your customer wants to pay now, all they need is your pay link and an internet connection. You can also set up a QR code for them to use to pay. IwocaPay will pre-fill the details and take them straight to their bank account to make the payment process seamless and easy.
Eligible business customers also have the option of spreading the cost into three equal monthly repayments. You can choose whether this will be interest-free for them, taking on the 3% interest fee yourself, or this can be added to their total as a monthly interest rate.
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