Many businesses, especially small to medium-sized enterprises (SMEs), struggle to offer flexible financing options to their customers, limiting their ability to attract a broader customer base and increase sales. Traditional retail finance solutions can be complex to implement and may not cater to customers with varying credit profiles.

Payl8r provides businesses with tailored retail finance solutions, enabling them to offer flexible payment options such as interest-free plans and installment plans both online and in-store. By leveraging an agile approval model and Open Banking for enhanced affordability checks, Payl8r helps merchants accommodate a wider range of customers, including those with thin or less-than-perfect credit files. The platform offers multi-credit options, ranging from short-term 0% Buy Now Pay Later (BNPL) to consumer credit plans extending up to 24 months. Payl8r also provides built-in IAR (Introducer Appointed Representative) status under its FCA (Financial Conduct Authority) license, allowing businesses to offer regulated credit without needing to apply for their own permissions.

Agile approval model using Open Banking for enhanced affordability checks

Multi-credit options, including 0% BNPL and interest-bearing installment plans up to 24 months

Built-in IAR status under Payl8r's FCA license

Online and in-store solutions for flexible finance options

Counter offers to provide alternative finance plans if the initial choice is not eligible

Rate-for-risk model to provide access to credit for customers from all credit backgrounds

Integration with major eCommerce platforms via plugins or bespoke system creation

Payl8r primarily targets businesses, including online retailers, training course providers, and service-based companies, that are looking to increase sales by offering flexible payment options to their customers.