PayPal Paga in 3 rate now available on viva.com | Smart Checkout
8 April 2022
As we move towards a cashless society, every business, no matter how small, needs to accept card payments.
As the global payments industry evolves, we continuously enhance our services to keep providing our clients the edge they need. That’s why we expanded our partnership with PayPal to offer Buy now, Pay Later options for your e-shop or online business.
With PayPal Paga in 3 rate, you can help your customers buy now and pay over time — while you get paid up front on purchases. Your customers will now be able to use PayPal Paga in 3 rate to pay for purchases of 30€ – 2,000€. The first payment is due at the time of the transaction, and subsequent payments are due every month.
PayPal Paga in 3 rate options are already included in your PayPal Checkout integration and available for your online store at no additional cost to your business. In short, the payment process becomes a lot easier for your customers, whilst remaining exactly the same for you and your business.
Once you’ve added PayPal Paga in 3 rate, there’s a strong chance you will see a significant increase in your sales and profit margins. After PayPal studied how offering Buy Now, Pay Later services affected businesses, they reached a clear conclusion: Businesses with pay-over-time messaging on their site have seen their average PayPal order value increase by up to 56%*. Put simply, giving your customers more ways to buy is a win for your customers and for your business.
Viva.com | Smart Checkout requires no effort to always have updated, as viva.com deals on an ongoing basis with any enhancements to offer new features and additional payment methods as well as the continuous compliance with ever-changing regulatory requirements. Better yet, viva.com | Smart Checkout remembers the customers’ preferences and dynamically shows the payment methods most likely to convert. As a result, using viva.com | Smart Checkout leads to over 21% conversion increase.
Let customers pay over time at no additional cost to your business and help turn browsers into buyers with PayPal Paga in 3 rate and viva.com | Smart Checkout
*Average lift in overall PayPal AOV for merchants with PayPal Credit messaging vs. those without, 2019 PayPal internal data.
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