In line with its commitment to provide more value to customers, OnBuy has partnered with Clearpay, a prominent Buy Now, Pay Later (BNPL) provider. This partnership is part of the company’s plan to revolutionize the shopping and selling experience on OnBuy.
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With Clearpay, customers can now choose to split their payments into four interest-free installments paid over six weeks, applicable to the majority of products on the marketplace. This additional payment option offers shoppers more convenience and flexibility at checkout.
OnBuy is also now listed on Clearpay’s Shop Directory, which brings in one million new customers to merchants globally every day!
A new OnBuy customer survey showed that 20% of people prefer to shop with a retailer that offers their preferred payment method. Partnering with Clearpay is the company’s response to this demand for convenience in online shopping by offering more payment choices when shopping on OnBuy.
“We’re more committed than ever to transforming the OnBuy shopping and selling experience, and that’s why we’ve chosen to offer even more payment methods at the checkout,” said OnBuy Founder and CEO Cas Paton.
“Our customers have asked for the flexibility to make purchases in a way that suits them, and we’re excited to be able to respond by launching Clearpay across our site.
“Partnering with Clearpay also benefits our sellers, as more choice for our customers ultimately results in more sales overall.”
Clearpay’s UK and EU Country Manager, Rich Bayer, also expressed his delight in partnering with OnBuy.
“We’re delighted to partner with OnBuy, who will now have access to our engaged and growing customer base, and can enjoy increased conversion rates and incremental sales, and lower return rates.
“With 14% of online purchases being made using Buy Now, Pay Later in March this year, this innovative payment method is highly valued to consumers who want to manage their spending responsibly.
“With our inbuilt protections, OnBuy customers can pay for products safe in the knowledge that they cannot build up revolving debt that comes with high-interest credit cards.”
Clearpay is a leading BNPL provider with over 19 million active global consumers. Outside the UK, Clearpay operates under the brand name Afterpay.
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