Giving your customers more ways to pay for purchases with Zopa's DivideBuy Shopify finance
Our interest free and interest bearing credit facility integrates seamlessly with Shopify websites to give consumers more choice at the checkout, with benefits for sellers like bigger basket values.
Shopify customer financing can maximise retail conversions in just minutes – the application process is quick and easy, and customers receive a decision immediately.
With interest free and interest bearing consumer credit from Zopa’s retail finance product, DivideBuy, your customers can split payments for purchases from your Shopify website and pay over a period that suits them. This has been shown to lead to fewer abandoned baskets and bigger order values.
Shopify customer financing with DivideBuy is different from standard buy now pay later agreements – there are no hidden costs and we only apply interest where interest bearing credit has been selected. As the credit provider, we take on all the credit and fraud risk, so you can take it easy.
Offer your customers spread-the-cost payment plans on Shopify
Spread-the-cost Shopify payment plans from Zopa’s retail finance solution DivideBuy are flexible to suit all budgets. We give your customers control over their repayment schedule, making day-to-day money management easier. Our Shopify payment plan options allow customers to pay for their purchases over a timeframe they choose. Shoppers can pay in instalments to spread the cost of their order between 3 and 60 months, depending on the solution you choose
We work with 500+ retailers to offer customer payment plans on everything from sofas and soft furnishings to bicycles and sporting goods. With interest free and interest bearing Shopify finance, your customers can spread the cost of a garden makeover, mobility aids or gym equipment – the options are vast. Your customers can even shop on the go using the Shopify payment plan app. We do not restrict financing to desktop users; Our DivideBuy solution integrates with apps powered by Shopify, increasing your reach to target consumers shopping on their mobile or tablet.
We’re committed to responsible lending and to helping both our Shopify retailer partners and their customers enjoy the benefits of spread the cost finance. What the customer sees is what they pay, and retailer payments are guaranteed. On average, our retail partners record 70% more sales conversions when they integrate DivideBuy, along with reduced rates of basket abandonment. And because we provide the credit ourselves, we can accept up to 35% more customers than buy now pay later Shopify finance providers – which means more orders for you.
Easily integrate our Shopify payment plan app with your website
We communicate seamlessly with Shopify and install can be completed in a matter of hours. We can install everything, taking a duplicate of your Shopify live theme and copy across any changes once complete. If your own Development Team wish to install our module, simple instructions make it easy to connect your Shopify and DivideBuy accounts. When a customer purchases with a DivideBuy payment plan, a Shopify order is automatically created in your store.
Integrating a Shopify payment plan app with your Shopify store, allows you to provide a payment plan option as part of the eCommerce checkout process. Using a Shopify financing app increases your conversion rates and turnover by offering a custom, flexible payment plan option to customers.
One-step integration
Our industry-leading technology integrates seamlessly with your eCommerce software.
Customer checks out
Customers choose Zopa’s interest free or interest bearing credit options 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 details in your portal and receive fast payment. As the credit provider, we bear the credit and fraud risk, not you.
Book your free 20 minute online demo
Please note, a minimum turnover of £5M and minimum trading of 24 months is required to work with DivideBuy.
Guides to retail finance
What is a vulnerable customer – and how can you protect them?
What is a vulnerable customer – and how can you protect them? Our credit partner, TransUnion, shares insights on how to identify and support customers in this category.
The benefits of ‘Pay by Link’ for merchants
With an ever-increasing amount of payment methods, knowing what to add to your checkout might seem complicated. The good news is that ‘Pay by Link’ isn’t exactly a checkout payment option. But it is one that customers who use retail finance definitely seem to love. Here’s why.
Mobile Payment Services: How they’re changing the way we do business
We know mobile shopping is the future of eCommerce – but how is it impacting payment trends, and how can merchants use this to drive growth?
Bank of England lowers base rate – What does it mean for merchants?
After a shaky start to the year, the Bank of England has announced a reduction in the base interest rate from 5.25% to 5%. But what, if anything, does this actually change for consumers and retailers in the UK this year?
