Offering PayPal Credit at checkout can increase order sizes as much as 68%². Customers can easily apply at checkout, get approved in seconds¹, and 40% of shoppers end up spending more³ as a result.
When shoppers have more time to pay they tend to buy more, and more often.
Advertising more time to pay with PayPal Credit can help lift sales.
Most first-time PayPal Credit users said they would use PayPal Credit again.
Showcasing the ability to finance transactions upstream from checkout empowers your customers to spend more and can help increase your AOV.
30% of shoppers actually spend more after learning about the 6-months-to-pay financing offer.5 Automatically set and forget your PayPal Credit banners to populate for shoppers on your homepage, product pages, and at cart level.
With PayPal’s new app on BigCommerce, you can simply install and let it go. No coding, placement, or design work required. The banners will appear in strategic places around your site, blending seamlessly with your theme.
Not only is PayPal Credit available at no cost and risk free to you4, it’s a great way to help your customers shop with ease and come back more often.
Unlike other credit solutions, PayPal makes sure you get paid almost immediately after a transaction takes place, giving you peace of mind and your customers flexibility to pay over time.
30% of PayPal Credit buyers say they wouldn't have been likely to buy without the 6-months-to-pay financing offer.5
Not only do customers enjoy the flexibility of PayPal Credit, 96% of first-time PayPal Credit shoppers want to use it again in the future.5 In fact, 94% of users would recommend it to their friends.
1 PayPal Credit is subject to consumer credit approval by Comenity Capital Bank, the lender for PayPal Credit accounts
2 As reported in Nielsen’s PayPal Credit Average Order Value Study for activity occurring from April 2015 to March 2016 (small merchants) and October 2015 to March 2016 (midsize merchants), which compared PayPal Credit transactions to credit and debit card transactions on websites that offer PayPal Credit as a payment option or within the PayPal Wallet. Nielsen measured 284,890 transactions across 27 mid and small merchants. Copyright Nielsen 2016.
3 comScore customer survey fielded in January 2016, n=3,010 online shoppers.
4 You pay your normal transaction fee per transaction just like any other PayPal transaction made with a credit or debit card. PayPal Credit is subject to credit approval, as determined by the lender, Comenity Capital Bank, and is available for qualified applicants on purchases of $99 or more.
5 comScore survey of PayPal users (and non-users), Sept 2013. 2,023 respondents at 95% confidence interval.