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Affirm offers different products to best adjust to the customer’s needs. Pay In 4 is a common way to use Affirm as a payment method making it beneficial for your business and your customers.
Overview
Our Pay In 4 product offers a simpler experience for customers where they have the option to use their debit or credit card for repayment quickly and easily. Pay in 4 method consists on:
- 4 interest-free payments for their purchases every two weeks
- Available for orders starting at $50 USD and up to $249.99 USD
Pay In 4 is ideal for smaller ticket items and services and often has the most favorable rates for your customers, also they will identify and easily apply for this method on your website:
Once you’ve launched Affirm as a payment option, you will be able to offer the Pay In 4 method to your customers on all your platforms, check this article for more details:
Benefits
Offering Pay In 4 to shoppers can bring many upsides for your business:
- No impact on the customer’s credit score
- Easy setup for automatic payments
- Boosts incremental revenue by increasing cart sizes
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Customers that have used Pay in 4 have said that if this 4-payment option was not available for their purchase, they would have:
- Delayed their purchase (34%)
- Not completed the purchase (27%)
- Bought fewer items (18%)
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Bought less expensive items (11%)
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Overall Pay In 4 method brings a lot of beneficial features to sales, revenues, and customer satisfaction, the following articles show a bit more of how this product is making an outstanding impact in online sales: