Guides & Whitepapers
A Buyer’s Guide to Retail Finance
Offering checkout finance options is becoming a must-have for businesses online and instore. But how can you be sure which finance solution is the right fit for your business?
Navigating the Consumer Credit Landscape Whitepaper
Credit options at checkout are becoming a must-have for customers in today’s economic climate. Here’s how to use POS finance to boost growth for your business.
How to attract customers with interest free credit
From offering a seamless user journey, to making sure you signpost your credit solution at every stage of buyer interaction, this practical guide will help you offer finance effectively.
10 ways to provide the best eCommerce UX
A frictionless customer journey is essential to outpacing your competitors – but what’s the simplest way to achieve this? This guide offers actionable tips for success.
Useful Performance Statistics
The following stats have been provided by our data insights team based on our own consumer data.
General:
- - 50% sales increase (Pro Espresso)
- - 40% conversions increase (Sofa Club)
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- 25% GMV increase (Simba)
- 70% conversion rates (OTTY)
- 23% sales increase (Grass Warehouse)
- 73% AOV increase (Cocoon)
- 45% credit sales increase (Nectar)
- 87% approval rates (AMC Furniture)
DB Specific:
- - DivideBuy merchants saw an increase of 27% YoY in credit sales
- - Credit sales now account for 60% of sales for some our high tier merchants
- - 45% of DivideBuy customers are over 40 – our credit solution is popular with more mature shoppers
- - One of our outdoor goods merchants reported a 76% increase in sales in their first quarter with DivideBuy
DB Research:
- - 38% of UK customers will use POS finance more than usual in the next 12 months
- - 48% of UK consumers will only look for interest free credit options when it comes to POS finance
- - 24% of UK shoppers are more likely to make a credit purchase if they know they are eligible (eligibility checker)
Latest Useful Blogs
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.
Use Cases
Use Case by Sector - Commuting
This use case covers off an overview of the bike and e-bike sector followed by where we sit in the journey, finishing with stats.
This use case covers off an overview of the dental sector followed by where we sit in the journey, finishing with stats.
Use Case by Sector - Home Furnishings
This use case covers off an overview of the home furnishings sector followed by where we sit in the journey, finishing with stats.
Use Case by Sector - Outdoor Furniture
This use case covers off an overview of the outdoor furnishings sector followed by where we sit in the journey, finishing with stats.
Use Case by Sector - Sporting Goods
This use case covers off an overview of the sporting goods sector followed by where we sit in the journey, finishing with stats.
How to Guides
How to Guide - Finance Instore vs Online
In this essential guide we provide advice on how to choose the right instore and online finance solution for your business.
