Although uncommon in the US and the UK, some shoppers are accustomed to ordering goods and products online and then paying for it after receiving it. This is true for customers in Germany, where they choose invoice payments as their preferred payment method for online purchases. This is especiall preferred for large ticketed items, which enables the shopper to pay for the product in instalment. If such payment methods are not offered at the check-out, then the transaction will often be aborted. But don't these types of payment offer a high degree of risk to the merchant?
Computop Paygate has integrated to a range of payment on invoice and instalment partners that range in geographical reach and offer a payment guarantee.
Stay flexible with easyCredit
easyCredit is one of the most successful consumer credit products in Germany. Customers can extend their financial leeway in a quick, simple and fair way. No matter whether it is a new car or a new piece of furniture for the home the installment loan takes the needs of customers into account and offers individual solutions. easyCredit differentiates itself from its competitors by offering simple processes, individual advice and fair product features. easyCredit can be obtained through various channels: In Germany the TeamBank already works together with more than 85 % of all cooperative banks (Volksbanken and Raiffeisenbanken). In addition, customers can purchase a loan online or by phone.
Payolution enables merchants to offer purchase on invoice and hire purchase in the D-A-CH region. The company, a member of the Skrill group, especially scores with rapid and guaranteed payments as well as with the support of the B2B and B2B business.
This service facilitates the processing of purchases on account and hire purchases, as well as RatePAY direct debits. A member of the Otto Group of companies, RatePAY offers you a payment guarantee as well as complete debtor management including customer service.
Paymorrow provides support for purchase on invoice and secure SEPA debits in Germany. Merchants benefit from comprehensive protection from payment defaults, as Paymorrow also takes responsibility for debtor management and bill collection.
A subsidiary of arvato, PayByBill makes it possible for eCommerce merchants to integrate purchase on invoice, instalment and debit purchase into their shops. It is available in the following geographies: Denmark, Germany, Finland, the Netherlands, Norway and Sweden.
This Swedish provider is active across the world, notably in Germany, Austria, the Netherlands, Denmark, Finland, Sweden and Norway. With some 35 million end users and a 10% share of the northern European e-commerce market, it offers merchants (especially in Scandinavia) the opportunity to acquire new customers.
With BillPay, you can offer the popular payment methods Invoice and Direct Debit and the flexible PayLater – Instalment to your customers and thereby significantly increase your sales and conversion. Millions of customers and more than 4,500 online shops already use BillPay´s payment methods. BillPay´s payment solutions are available for Austria, Germany, Switzerland and theNetherlands.