How to accept credit purchases in an online store created with Tiendanube?
Posted: Mon Jan 06, 2025 8:32 am
Now that you know the advantages and disadvantages of credit purchases , it's time for you to learn how to accept online credit purchases with Tiendanube. There are 2 ways to do this:
Through payment gateways.
Through BNPL solutions.
We will explain what each one consists of below.
Through payment gateways
The quickest way to incorporate credit purchases into your online store is by using a payment gateway that allows this feature, such as PayPal or Mercado Pago . Although it should be noted phone database that this functionality will have an additional cost for each transaction, in addition to the commission cost.
The cost varies depending on the number of interest-free months you allow.
This functionality can be activated directly from the settings of each account, without having to perform any additional action. So you can accept credit purchases from the first moment you enable these gateways in your online store created with Tiendanube.
Through BNPL solutions
The Buy Now Pay Later (BNPL) payment model is a new payment method that has gained popularity in online credit purchases in recent years worldwide. It works as a financing platform to purchase products in periodic payments, with or without interest.
The main feature is that it is not associated with a credit card. Instead, the customer signs an agreement with the platform directly in which he agrees to pay the amount of the product purchased.
The interest to be paid will depend on each client and is defined at the time of requesting financing.
At checkout , customers will create an account with your site. If they do not have one, they will sign a digital contract at that time specifying the financing details to complete the purchase process on your site.
The fees charged by both platforms for offering this payment model in your online store may change from one moment to the next, so we recommend visiting their websites to validate the information.
Tip: Visit our App Store and choose the country where you are located to learn about the BNPL solutions that you can integrate into your online store.
Through payment gateways.
Through BNPL solutions.
We will explain what each one consists of below.
Through payment gateways
The quickest way to incorporate credit purchases into your online store is by using a payment gateway that allows this feature, such as PayPal or Mercado Pago . Although it should be noted phone database that this functionality will have an additional cost for each transaction, in addition to the commission cost.
The cost varies depending on the number of interest-free months you allow.
This functionality can be activated directly from the settings of each account, without having to perform any additional action. So you can accept credit purchases from the first moment you enable these gateways in your online store created with Tiendanube.
Through BNPL solutions
The Buy Now Pay Later (BNPL) payment model is a new payment method that has gained popularity in online credit purchases in recent years worldwide. It works as a financing platform to purchase products in periodic payments, with or without interest.
The main feature is that it is not associated with a credit card. Instead, the customer signs an agreement with the platform directly in which he agrees to pay the amount of the product purchased.
The interest to be paid will depend on each client and is defined at the time of requesting financing.
At checkout , customers will create an account with your site. If they do not have one, they will sign a digital contract at that time specifying the financing details to complete the purchase process on your site.
The fees charged by both platforms for offering this payment model in your online store may change from one moment to the next, so we recommend visiting their websites to validate the information.
Tip: Visit our App Store and choose the country where you are located to learn about the BNPL solutions that you can integrate into your online store.