'Buy Now Pay Later' (BNPL) is a type of short-term financing which allows users to pay in installments by the end of the stipulated period for making purchases. It is a payment option where users can purchase without having to pay from their pocket. ULIS Fintech Buy Now Pay Later provides customers a very convenient and quick method to purchase products and pay for them in future date in flexible payment options.
Key Features
- BNPL follows a Transparent and Low Cost Pricing Model
- Easy and Hassle Free Setup
- Simple and Transparent Process
- Increases Affordability
- Instant access to Credit
- Safe and Secure Transaction
- Can choose Repayment Tenure
End User Facility
- Seamless Integration of POS and E-commerce to merchant offering
- Customizable loan programs for buy now and pay later at the interest charges of their own choice
- Merchant onboarding can be accelerated by online and offline channels instantly
- Provide clients with the opportunity to buy now and pay later in instalments with adjustable interest costs through ULIS BNPL to improve business results
- Reduced cart abandonment, greater average order value (AOV) and transaction size, and increased sales are all benefits for merchants
