A New Integration from Erply: ZipPay
Erply is a cloud-based platform, built for integration. Whether you need to create a multi-channel retail solution that integrates your physical stores with e-Commerce platforms or sync your store with existing accounting software, we have an integration that will work for you and enhance the success of your business.
Erply Australia’s latest integration partnership with Zip Pay allows customers to “buy now, pay later”, interest-free. Providing Zip Pay online and in-store can benefit your business in a multitude of ways. For one, providing your customers with choice over their method of payment at checkout has not only been shown to grow customer revenue but also improve engagement with shoppers in the long run.
How It Works
Zip Pay provides flexibility to your customers by allowing them access to a digital wallet up to the value of $1,000, enabling them to shop both online and in-store and check out with a full repayment term in place. Zip Pay settles all transactions into your nominated bank account on the same-day of purchase and also takes responsibility for all credit and fraud risk. While merchants get their payment on the same day, you are not responsible for collecting any consumer payments or defaults. Zip Pay handles this, collecting repayments from the customer over a set period of time.
Merchants pay one small flat fee (%) per transaction, so you only pay when you sell. Zip Pay does not require a setup fee, and there are no monthly charges.
What Zip Pay Can Do for You
With an average 45% increase in basket size – up to 200% in some cases – Zip Pay allows a customer to make a much larger transaction than they would have perhaps done so with other payment methods. Flexible, interest-free repayments on a customer’s own terms mean a shopper is 50% more likely to choose Zip Pay at the checkout next time they shop with one of the 4,000+ retailers who currently offer it. With over half a million customers currently using Zip Pay, its shopper network can deliver approximately an 80% increase in order value and a 30% jump in sales.
You can read more about Zip Pay here.
Integrating your Erply POS with Zip Pay and other payment methods can help you to improve results for your business. Providing flexibility to your customers motivates them to visit your store more often. If a customer’s preferred payment method is not available at your store, their decision to buy or not (or in the case of Zip Pay, make a more substantial purchase than they might ordinarily) can quickly change. In addition, offering alternatives to consumers can give them an extra reason to frequent your business over your competitors.