Capture a new kind of consumer with flexible payments by installment
Take your share of the fast-growing payment by installment market – driven by Gen Z and millennial purchasers. Also known as BNPL (Buy now Pay Later) these flexible payment options help drive customer loyalty, conversion and increase basket size.
Payment by installment globally
60
%+
of millennial shoppers have used instalment payments
40
%
of online-centric merchants already offer payment by installment
20-30%
increase in average basket value when using installments
What is a payment by installment?
Installment payments allow shoppers to split payments into smaller, more manageable chunks that can be paid back over a longer period of time, or to postpone the payment of a good or service to a more convenient time.
Why accept payment by installment?
Be part of the ‘new big thing’ in payments
With a growing amount of installment players in the market and a willing millennial and Gen Z audience, installments are fast becoming the go-to payment option for merchants. They already have a strong foothold in high-AOV categories like electronics, travel and furniture but are expanding fast in categories such as fashion and apparel.
- Thunes Collections allows payments in up to 10 installments.
- Your payment is guaranteed – the payment provider takes the risk of not getting paid
- Reduces cart abandonment, increases average order value and develop a higher shopper lifetime value
Discover our other payment methods
E-wallet
Accept the fastest growing type of payment method – customers can pay online, in store or mobile via their digital wallet.
Find out more
Payment on invoice
A critical service for all B2B and many B2C businesses. Allow your customers to pay later – once they receive their invoices
Find out more
Prepaid vouchers
Increase your market share by allowing customers to pay via meal, travel or any other prepaid voucher.
Find out more
Gift & Loyalty cards
Implement loyalty schemes or brand promotions to grow your average transaction value by accepting dual payment methods at checkout.
Find out more
“Our customers’ biggest demand is to be able to pay in installments. Thunes Collections [Limonetik] allows us to offer payments in three, four or 10 installments. They’re an innovative company with proven expertise and flexibility when it comes to technical delivery.”
Mike Dejardin
CEO of Utily.fr
