Make life easier and more affordable for everyone by integrating customer credit into your Magento website
DivideBuy Magento customer credit is a finance extension that integrates seamlessly with your website, giving consumers more choice at the checkout. With Magento and Magento 2 credit from Zopa’s retail finance solution, DivideBuy, shoppers can choose to spread the cost of their purchases over a period to suit them, while merchant enjoy benefits like customer loyalty, return visits and bigger basket values.
A Magento or Magento 2 credit application is quick and easy. Shoppers receive a decision immediately, so you can start converting site visitors into customers in just minutes.
Let customers buy now pay later with Magento 2 credit and reap the rewards. Enabling shoppers to spread the cost of purchases over a period that suits them has been shown to lead to bigger order values and fewer abandoned baskets.
Our finance extension for Magento websites is different from traditional buy now pay later agreements. We only charge interest on interest bearing credit products and there are no hidden fees. We’re also the credit provider, so we take on the credit and fraud risks on your behalf.
Magento customer credit extensions and finance plugins – DivideBuy integration with Magento
We communicate seamlessly with Magento and an install can be completed in a matter of days. We can install our Magento customer credit extension for you. Or if your own Development Team wish to install our module, simple instructions make it easy to connect your Magento and DivideBuy accounts. When a customer purchases with a DivideBuy payment plan, a Magento order is automatically created in your store.
Integrating a finance extension for Magento with your Magento store allows you to provide a payment plan option as part of the eCommerce checkout process. Using a finance module for Magento increases your conversion rates and turnover by offering a custom, flexible payment plan option to customers.
Our Magento retail finance module supports your business with a superior user experience. We’ve focused on building a Magento retail finance module that helps you drive sales and convert custom in a way that suits your business.
Benefits of customer credit for Magento websites
Magento customer credit from DivideBuy gives shoppers more control over how they pay for purchases, which makes managing day-to-day expenses easier. With our finance extension for Magento websites, your customers can choose to pay in instalments over three to sixty months – depending on their chosen product and the finance options you choose to offer.
Working with 500+ retailers, we offer Magento customer credit on the broadest range of products and services. From pushchairs to paint and flooring to photography, there’s almost no limit to what you can sell via DivideBuy’s Magento 2 credit extension.
As responsible lenders, we’re committed to helping our Magento retail partners and their customers experience the benefits of Magento and Magento 2 credit, risk-free. What customers see is what they pay, and retailer payments are guaranteed.
Because we provide Magento customer credit ourselves rather than through a third party, we can accept up to 35% more customers than other credit providers – which means more orders for you. Typically, our retail partners record a 50% increase in sales conversions when they integrate the DivideBuy Magento finance extension, along with reduced rates of basket abandonment.
One-step integration
Our industry-leading technology integrates seamlessly with your eCommerce software.
Customer checks out
Customers choose DivideBuy’s interest free or interest bearing credit option at checkout and commit to paying in monthly instalments. We handle all application and credit processing.
Get paid!
When you deliver the goods, simply confirm the delivery details in your portal and receive fast payment. As the credit provider, we take the risk, so you can take the credit!
Book your free 20 minute online demo
Please note, a minimum turnover of £2.5M and minimum trading of 24 months is required to work with DivideBuy.
Guides to retail finance
How much does it cost to offer retail finance?
Letting customers spread the cost at checkout helps you boost sales – so it’s well worth investing in. Here are some potential costs to keep in mind.
When will interest rates come down – and what does this mean for merchants?
Will interest rates come down soon – and what will this mean for retail trends in 2024? Let’s take a closer look at this year’s predictions for merchants.
ePay Summit 2024 – We’re an Official Silver Sponsor!
We’re pleased to announce that we are this year’s ePay Summit’s Official Silver Sponsor, and Ceri Griffiths, our Head of Enterprise Sales, is joining the 2024 ePay Europe Thought Leaders cohort!
Do I need an FCA license to offer retail finance to customers?
Want to offer regulated retail finance to your customers? You’ll need FCA approval – but that doesn’t have to be a daunting process. Read this guide for your options.
