Paypercut is an online payment and Buy Now, Pay Later (BNPL) aggregation platform that helps merchants increase sales and reduce cart abandonment. It simplifies offering installment payments by integrating multiple BNPL providers, ensuring merchants receive upfront payment while customers pay over time.
Funding
Funding not disclosed
Founders
Product
Problem
Merchants face challenges in increasing sales and reducing cart abandonment due to limited payment flexibility for their customers. Managing multiple Buy Now, Pay Later (BNPL) providers can also be complex and time-consuming.
Solution
Paypercut offers an integrated online payment and BNPL aggregation platform designed to enhance merchant sales and customer conversion rates. The platform provides businesses with a streamlined approach to offering installment payment options at checkout, thereby reducing cart abandonment and increasing average order value. By aggregating various BNPL providers, Paypercut enables merchants to select the most suitable options for their specific market and customer base, ensuring they receive upfront payment while customers pay over time. This solution simplifies the process of integrating flexible payment methods, allowing businesses to focus on growth.
Target Audience
The primary target audience includes small and mid-sized businesses operating online, particularly those looking to expand their customer base and sales volume through flexible payment options.
Features
- BNPL aggregator that recommends and integrates with multiple installment payment providers.
- Direct upfront payment to merchants, with customers paying in installments to selected BNPL providers.
- Online payment processing via Embed, a licensed Payment Institution regulated by the Dutch Central Bank.
- Tools designed to increase average order value and reduce cart abandonment rates.
- Simplified integration and onboarding process for merchants.
- Dedicated human support for setup, edge cases, and ongoing operations.