Afterpay is
excited to announce our new partnership with OpenCart, a free and open-source
eCommerce platform offering tools for small business owners to create, scale,
and run their online stores.
Through this
partnership, OpenCart merchants can offer Afterpay as a payment option to their
customers in North America, the UK, Australia, and New Zealand. With Afterpay,
customers can “buy now, pay later” (BNPL) by making purchases immediately and
paying the total over four installments, without the burden of traditional
debt.
As more consumers
expect more flexible ways to pay, we at Afterpay are working hard to integrate
with platforms like OpenCart to connect their merchants with these valuable
customers.
Merchants that
offer Afterpay can take advantage of the following benefits:
●
Increased online sales: BNPL maximizes customer purchasing power, with
retailers reporting average order value increases of as much as 50%, and 2-3x
more units per transaction.
●
Improved conversions: More than 80% of retailers using Afterpay see
increased conversions and fewer abandoned carts. (And when customers do abandon
carts, recovery emails that include Afterpay messaging often encourage
customers to return to complete their checkout.)
●
New customers: Retailers report that 30% or more of their
customers using Afterpay are new to their brand. Plus, our Shop Directory
refers 31 M customers to Afterpay merchants per month.
●
Reduced returns: Retailers see an 18% decrease in return rate
after integrating Afterpay. This has a double benefit--not only does it
increase monthly sales, but cuts back on time allocated to processing customer
returns.
To learn more about how OpenCart and Afterpay can
boost your small business growth click here.
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