Why should my business offer Payl8r finance?
With most businesses back up and running as we make our way back to (almost) normal life, it’s a great time to start thinking about the ways that you can develop and grow your business in the second half of 2021. After an uncertain and unreliable year, it’s become clearer than ever that consumers are looking for flexible payment options that allow them to take control of their spending. Finder, 2020 reports that during the pandemic, over half (52%) of buy now pay later users are using finance providers more than they previously were, with a whopping 9.5 million UK shoppers stating that they “avoided buying from retailers that don’t offer BNPL options at the checkout.” The stats are clear - by not offering finance, your business may be missing out on prospective customers - and potentially quite a lot of them! If you’re still on the fence about introducing credit options to your customers, or you're new to the world of retail finance, take a look at five reasons for offering finance
