Accept Payments using Affirm, Klarna and AfterPay on Your WooCommerce Store
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Learn how you can integrate Buy Now Pay Later (BNPL) payments into your WooCommerce store.
Go through the timestamps or chapters:
0:00 - Intro
0:16 - What is Buy Now Pay Later (BNPL)?
0:44 - How Buy Now Pay Later Works in Your WooCommerce Store?
1:26 - Why Add Buy Now Pay Later to Your WooCommerce Store?
2:09 - Buy Now Pay Later Statistics
2:32 - BNPL Payment Option 1: Affirm
2:47 - BNPL Payment Option 2: Afterpay / Clearpay
2:57 - BNPL Payment Option 3: Klarna
3:18 - Enable BNPL Payment Methods in Your Stripe Dashboard
4:00 - Install the Stripe Gateway for WooCommerce Plugin by FunnelKit
5:05 - Integrate Stripe into Your WooCommerce Store
6:47 - The Stripe Account is Now Connected to Your WooCommerce Store
7:23 - Configure WooCommerce Affirm Payment Settings
8:35 - Configure WooCommerce Afterpay and Klarna Payment Settings
8:42 - Testing the Buy Now Pay Later (BNPL) Payment Methods in WooCommerce
10:41 - Explore Other Powerful Features Inside FunnelKit Plugins
11:01 - Add Additional Payment Methods in Your WooCommerce Store
Buy Now Pay Later (BNPL) options have become increasingly popular in eCommerce today, offering customers with the flexibility and convenience when making purchases online.
This payment method allows customers to buy products immediately but pay for them in installments over time, rather than all at once.
Benefits of WooCommerce BNPL payment method:
Increased sales: Capture more sales from customers by offering convenient Buy Now Pay Later payment options.
Improved conversion rates: Offering flexible payment plans help reduce abandoned carts and improve conversion rates.
Enhanced customer experience: BNPL flexible payment methods enhance the shopping experience and satisfaction of your customers.
Competitive advantage: BNPL payment gateways set your store apart from competitors, attracting potential customers.
Increased order value: BNPL payment methods allow customers to buy high-value products since they have the flexibility to spread out large cost over time.
Expand the customer base: WooCommerce Buy Now Pay Later option enables shoppers to make full payments upfront with the option of paying it later. This is quite useful for consumers with financial restrictions.
Reduced risk of payment fraud: BNPL payment solution uses advanced technology and strict security measures. This reduces the risk of payment fraud and provides secure shopping experience to consumers.
How to enable Buy Now Pay Later payment methods into WooCommerce:
#1 - Install and activate the Stripe Gateway for WooCommerce plugin by FunnelKit
#2 - Enable BNPL payment options such as Affirm, Afterpay/Clearpay or Klarna from your Stripe dashboard
#3 - Connect Stripe with WooCommerce via the Stripe Gateway for WooCommerce plugin
#4 - Configure Affirm, Afterpay and Klarna payment methods
Testing the Buy Now Pay Later payment methods into your WooCommerce store:
#1 - Enable test mode, add items to the cart and head to the checkout page
#2 - Select the BNPL payment option out of Affirm, Klarna and Afterpay on the checkout page and click on place order button
#3 - You’ll be directed to the purchase approval page
#4 - Choose the payment schedule
#5 - Confirm to place the order and land on the order confirmation page
Add additional payment methods like Google Pay and Apple Pay to boost conversions: • How to Set Up WooCommerce Apple Pay a...
Further, enhance your checkout experience by setting up high-converting custom checkout page with FunnelKit.
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