Buy Now, Pay Later on Order Forms and Payment Links!
Introducing the latest feature to enhance your business's payment options: Buy Now, Pay Later (BNPL) methods are now supported on order forms and payment links through Stripe. With 416 votes on the ideas board, this update aims to provide greater flexibility for your customers, allowing them to pay in increments over time rather than all at once.
Key Features of BNPL
Supported Providers:
Klarna
Affirm
Afterpay (Clearpay in some regions)
Applicable Products
This feature is currently available for one-time products only and does not apply to recurring products. Here are some key points to note:
Order and Transaction Details: All details will be recorded under the payments menu, similar to credit card payments.
Existing Triggers: Triggers for order submitted and payment received will function as usual.
Setup and Configuration
To start using BNPL options, ensure your Stripe account is properly configured. Some accounts may require a migration or additional approval steps within Stripe.
Steps to Enable BNPL:
Log into your Stripe Account: Ensure your account is active and correctly configured.
Configure Payment Methods: Adjust your settings to include BNPL options such as Klarna and Afterpay.
Check Integration on Order Forms: BNPL options should now appear on your order forms and payment links, based on your Stripe configuration.
Managing Payment Methods
If BNPL options are not required for certain transactions, you can disable them through the payment method settings. This allows for greater control and customization based on your specific needs.
For detailed instructions on managing these settings, refer to the payment methods management guide within your Stripe account.
Final Notes
This new feature does not automatically activate; it reflects your existing Stripe configurations. Therefore, ensure your payment methods are correctly set up in Stripe to benefit from BNPL options.
Enhance your customer’s shopping experience by offering flexible payment methods and potentially increasing your sales with the new BNPL feature. Enjoy this new addition, and stay tuned for more updates to help you streamline your business operations.
By following these steps, you can easily integrate BNPL options into your payment process, providing a seamless and flexible payment experience for your customers.