LayUp converts browsers into shoppers with an interest free payment solution online.
Increased Basket Size & Repeat Purchase Rates
LayUp customers spend more per transaction over their lifetime, & they return to your site more often to LayUp their purchase.
Decreased Drop Off at Checkout
LayUp reduces drop off & puts your items within reach of more customers who previously wouldn’t have been able to transact with you.
LayUp gives you the cutting edge over competitors by providing a Gamification tool that incentivises your customers along the payment plan.
How it works
Sign Up as a merchant and we will provide you with your own, dedicated merchant dashboard. Define your business rules i.e. deposit amount and final payment date for any specific products you wish to offer the LayUp payment plan option on.
Either in-store or following your existing e-commerce checkout process, allow the customer the option to pay with LayUp.
3. Payment Plan
The customer is required to pay a small deposit (determined by you, the merchant) in order to secure their chosen items at the advertised price and activate their payment plan. The customer has the flexibility to determine the number of weeks or months that they would like to pay over, provided that it’s within the duration parameters you’ve configured.
The customer must then fulfill their obligation & only once a payment plan is complete may the goods/services be redeemed. At this point, LayUp settles the balance paid to you.
LayUp’s technology is quick & affordable to integrate into your checkout flow
LayUp’s technology automatically collects monthly payments & will follow up with your clients to help them reach their goals.
Multiple Payment Methods
LayUp allows your customers to pay through card or EFT payments at no additional cost to you.
Offer unique tools to keep your customers coming back to purchase again & again all year round.
With relatively a relatively young customer base (18-21 years old) and a high value product, LayUp has provided the perfect gateway for our customers to save for their Rage Festival experience. Not only can our customers now bundle their festival ticket and accommodation into 1 transaction and pay it off with a simple online tool, they can also crowdfund their purchase. LayUp is an integral part our business now and has provided a first to market foundation for us, onto which we can grow.
Greg Welsh, Director of G&G Productions
Need to know more?
Email us to find out how we can help you increase your basket order and drive conversions