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WooCommerce Wednesdays: How to offer your customers buy now, pay later financing options

buy now pay later woocommerce

Buy now, pay later (or store now pay later) emerged as an answer to fight the excessive bank card charges that make it tough for consumers to finance items. The fee technique has confirmed profitable as analysis reveals that over 55% of consumers have used a buy now, later service to full an ecommerce order. In this publish, we’ll look at how this quickly rising fee technique works and how one can rapidly combine buy now, pay later financing into WooCommerce .

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How does buy now, pay later work?

With a buy now, pay later technique, customers have the flexibility to rapidly finance their ecommerce purchases, both paying nothing or a really small quantity upfront. Your enterprise will get the proceeds from the sale and the shopper is in a position to get pleasure from their merchandise with out bearing the brunt of its price without delay. In a way, you may view buy now, pay later as comparable to accepting a bank card fee for your enterprise.

When a buyer makes one of these buy, they enter right into a contract that requires them to reimburse the corporate. There are a number of methods the settlement could also be structured.


Some work like conventional financing, the place you want to repay the principal plus curiosity. For these, buy now, pay later suppliers could offer a constant price for all objects, or they will set totally different rates of interest primarily based on an merchandise’s worth. Buy now, pay later financing presents like this even have a extra conventional underwriting course of the place the shopper wants to undergo a credit score verify.

Another sort of settlement includes interest-free fee installments. These are repaid over a shorter interval, usually a couple of weeks or months, lined with 4 or so funds. Some corporations additionally offer “Pay Later” options the place the shopper has to pay the total quantity after a specified period of time, generally 30 days.

Having a buyer choose a buy now, pay later choice for fee won’t be free from the processing payment, because the service supplier will cost a transaction payment. These are comparable to regular bank card processing charges and might vary from 2% to 5% given the supplier and what you promote.

What are the benefits of providing buy now, pay later?

Increased gross sales


The most evident purpose to offer buy now, pay later is to improve gross sales. By giving your customers the flexibility to finance their orders, you make your merchandise extra accessible to a bigger variety of folks. Many consumers that would not afford to pay in full for an merchandise can as a substitute pay over a couple of months.

With the data of this handy financing choice, the sticker shock of your high-ticket objects is decreased. Fewer customers will abandon their carts, and your gross sales will develop because of this.

Improved buyer expertise

Today’s customers demand a stellar buying expertise. From personalised suggestions to a quick and seamless checkout, there’s a lot you want to do to impress them.

By including further fee strategies like buy now, pay later, you give your customers extra flexibility, serving to to lead to a greater buyer expertise.

Higher buyer lifetime worth

By growing your common order worth and your complete variety of gross sales, versatile financing also can lead to vital boosts in buyer lifetime worth (CLTV). Additionally, providing a constructive buying expertise by way of buy now, pay later helps enhance buyer loyalty and in the end buyer retention. Shoppers come again for extra, and your common CLTV will increase as your finest customers make common orders.

How to arrange buy now, pay later for WooCommerce

With a greater understanding of how buy now, pay later works and the advantages it could possibly present, let’s how one can implement among the hottest options into your WooCommerce buying expertise:


Affirm is among the hottest options and is at present utilized by over 12,000 on-line retailers. To add this fee choice to your WooCommerce retailer, you will have to obtain the Affirm Payment Gateway extension.

After you obtain the extension, you want to add your API keys from your Affirm account to sync with the plugin. Go to WooCommerce > Settings > Payments > Affirm and discover the fields for Public API Key and Private API Key.

Before making the gateway reside to your customers, it may be useful to take a look at it utilizing sandbox mode. Go to and replica your Sandbox API keys.

To arrange how the promotional messaging will seem on your web site, click on Expand. Decide if you need Affirm messaging to seem on your class pages, product pages, and cart pages.

If you may have an Affirm Promo ID, you may enter within the settings to show totally different styling or messaging.


Based in Stockholm, Klarna is a buy now, pay later service providing versatile fee options to retailers in 20 international locations. The service’s core providing is the pay-in-four installment plan that permits customers to break up their funds right into a set of interest-free funds

To combine the fee service, you will want the Klarna Checkout for WooCommerce extension. Like the Affirm plugin, it makes use of your APIs to sync your fee account with your WooCommerce retailer.

After you obtain the extension go to WooCommerce > Settings > Payments > Klarna Checkout to configure your settings. Check Enable Klarna Checkout to activate the extension.

If you need to show an outline for the fee technique on the checkout web page, add the textual content to the Description subject.

To take a look at the fee gateway utilizing take a look at API keys, verify Enable Test Mode. After you affirm that the gateway is working correctly, return to the API Credentials the place you’ll enter your Klarna API particulars.

You can discover your Klarna API credentials by going to Settings > API credentials from your Merchant portal. When the gateway is up and operating, you may configure its design and conduct utilizing the Checkout and Color settings. The latter allows you to change the button, button textual content, header, and hyperlink colours to match your retailer’s branding.

With the Checkout settings, you may resolve whether or not to show your retailer’s privateness coverage and phrases of service.

Customizing the Klarna checkout structure

The default structure for the Klarna Checkout web page is a two-column format with the cart particulars, supply options, and buyer notes within the left-hand column and the Klarna checkout choice in the correct column.

Depending on the way you need to form your checkout expertise, it’s your decision to modify the show of the Klarna checkout. For easy adjustments, some slight CSS changes will do the trick usually.

For instance, if you happen to solely needed to use a single column for your checkout web page, you possibly can add the next CSS to your WordPress theme.

#kco-wrapper #kco-order-review,
#kco-wrapper #kco-iframe {
width: 100%;
float: none;
clear: each;

For extra in depth adjustments, you will have to make use of some motion hooks. Below are among the hooks you should use to add new content material or performance to the checkout web page.

  • kco_wc_before_snippet
  • kco_wc_before_order_review
  • woocommerce_before_checkout_form
  • kco_wc_after_order_review
  • kco_wc_after_snippet
  • Woocommerce_after_checkout_form

If you may’t obtain your desired adjustments through motion hooks, you may all the time override the checkout template file with a template of your personal. The template file for Klarna Checkout is situated within the templates folder for the plugin. To overwrite the file, copy it and paste it into the /woocommerce folder for your theme.

Make your adjustments as wanted however ensure to preserve the motion hooks woocommerce_before_checkout_form and woocommerce_after_checkout_form, in any other case the plugin will fail to work accurately.

Another helpful method to customise the Klarna checkout is to add additional checkboxes to your checkout types. This permits you to seize e-newsletter subscribers or different options for your customers to choose.

Below is an instance of how to use the filter kco_additional_checkboxes to embrace further checkboxes:

* Filter the extra checkboxes to add to the Klarna Checkout iframe. Works with Klarna Checkout for WooCommerce 2.4.3 and above.
add_filter( ‘kco_additional_checkboxes’, ‘add_custom_checkboxes’ );
perform add_custom_checkboxes( $additional_checkboxes ) {
$additional_checkboxes[] = array(
‘id’ => ‘custom_checkbox’, // The ID to be used within the backend to learn once we get the order through the checkout course of.
‘textual content’ => ‘Custom checkbox’, // The textual content that you really want to show to the shopper.
‘checked’ => false, // true if it must be routinely checked, false if not.
‘required’ => true, // true if its required to give you the option to place an order, false if not.
return $additional_checkboxes;


Next on our checklist of buy now, pay later options is Afterpay. The supplier and its gateway perform equally to its opponents. It provides customers the flexibility to pay over time mixed with a streamlined checkout expertise that eliminates tedious steps. Like Affirm, Afterpay presents consumers interest-free installments for his or her orders.

The easiest way to combine Afterpay with your WooCommerce retailer is to use the Afterpay extension. The plugin is free and could be downloaded from your WordPress dashboard. Keep in thoughts that you will need to have WordPress model 5.1.1 for the plugin to work accurately.

Once you obtain the extension, you may configure the settings by going to WooCommerce > Payments and choosing AfterPay. Start by choosing Enable Afterpay and select your API Environment; sandbox to take a look at the gateway, manufacturing to make it reside.

Find the Merchant ID and Secret Key inside your Afterpay account and add them to the corresponding fields. Once you save the credentials, the Minimum Payment Amount and Maximum Payment values will seem.

With the API configured, you will have to allow Express checkout. With Express checkout, customers can choose Checkout with Afterpay from the cart web page and Afterpay will pre-fill the transport and billing particulars. By doing so, customers are ready to transfer their orders a lot quicker and might full their orders with a single click on.

Now, you’ll decide the place on your web site you need the fee data to seem. You have the choice to have the small print seem on class pages and particular person product pages. You even have the choice to present the pricing data when variants are chosen.

I like to recommend enabling the fee particulars for particular person product pages however disabling them on class pages. If enabled on class pages, the fee badge and calculated installment price will seem subsequent to each product. This could be extreme, particularly if your web site makes use of autoload to present a bunch of merchandise.

Your third-party plugins can filter the HTML content material rendered on product pages utilizing the filter hook: afterpay_html_on_individual_product_pages. If you need to cover the HTML for a subset of merchandise, you should use the next filter hook: afterpay_is_product_supported. Below is an instance:

* @param string $str_html
* @param WC_Product $product
* @param float $worth
perform afterpay_hoipp_callback( $str_html, $product, $worth ) {
# Show a distinct message for merchandise under a customized threshold.
# Note that this may solely be referred to as if the product worth is inside
# the fee limits outlined on the account stage.
if ($worth < 10.00) {
$str_html = “<p>Shop Now, Pay Later with Afterpay. Supported for orders over $10.00</p>”; }
return $str_html;
add_filter( ‘afterpay_html_on_individual_product_pages’, ‘afterpay_hoipp_callback’, 10, 3 );

Closing ideas on buy now, pay later for WooCommerce

Digital fee strategies proceed to evolve as extra folks store on-line. In the previous, pay later options had been reserved solely for increased ticket objects or retailer card homeowners. Now every thing from attire to commodity merchandise on Amazon could be acquired immediately with a later fee.

Merchants who need to present their customers one of the best buying expertise should look to offer these versatile financing options. If you’re but to offer buy now, pay later to your customers, I encourage you to consider the highest service suppliers to discover one of the best companion for your enterprise. You can then use the steps on this information to set your WooCommerce retailer up for buy now, pay later success.

The publish WooCommerce Wednesdays: How to offer your customers buy now, pay later financing options appeared first on GoDaddy Blog.

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