One of the fastest-growing payment methods is deferred payment (BNPL – Buy Now, Pay Later), which allows customers to shop now and pay later. The customer pays for the purchase in installments, combining the benefits of traditional online payment with those of installment sales.
Cash on delivery is among the less effective payment methods. Deferred payments offer the same psychological reassurance (“I pay only after I receive the product”), but without the unnecessary complications of picking up the goods. BNPL transaction approvals take just a few seconds, and over 70% of transactions are approved instantly. The approval process is fast thanks to modern AI models that assess customer creditworthiness. Deferred payments are therefore also part of our GP Webpay payment gateway. Our customers can use deferred payment to make purchases in three installments over 60 days.
Deferred payments via GP webpay are designed to be simple for both customers and merchants. We offer them in collaboration with our partner Skip Pay.
1. The customer selects deferred payment from the list of payment methods.
2. They enter only their email and phone number.
3. The request is evaluated and approved within seconds.
4. The customer pays the first third of the price via Skip Pay and receives the goods immediately.
5. The e-shop receives the full amount (minus the fee) on the next business day.
6. The customer pays the remaining two installments within 60 days without any additional charges.