We introduce the new deferred payment method – BLIK Pay Later. In May, the service was implemented for customers of Millenium and VeloBank banks, and the list will soon be expanded to include more. This is another form of payment that has real potential to increase the value of the basket and increase conversions.
BLIK Pay Later allows e-shoppers to purchase a product without having to pay immediately. The transaction process is known, yet simple, fast and secure. To complete it, you only need a 6-digit BLIK code.
How does it work?
- After selecting the products, on the checkout page (order summary) or in the Przelewy24 payment gateway, the buyer selects Blik Pay Later.
- Simply enters the 6-digit BLIK code.
- In the last stage proceeds to activate the service in the banking application, approve the terms and make the first payment.
And that's it! The money goes to the Seller immediately. The buyer uses his bank's application to manage the repayment. During subsequent purchases, the customer only enters the BLIK code and confirms the transaction in the application - as in the case of a standard BLIK payment.
Why is it worth launching BLIK Pay Later?
The currently available purchase financing limit may be up to PLN 4,000. zlotys. The customer can repay them within 30 days - at no additional cost.
