The Evolution of Mobile Payment Solutions
October 5, 2023
The benefits of using debit orders for recurring payments
December 21, 2023Netcash has partnered with Payflex, South Africa’s leading Buy Now Pay Later (BNPL) service provider, opening up a world of options for merchants already active with Netcash to offer even more value to their customers by seamlessly integrating an additional payment gateway.
Payflex, the country’s largest and only independent BNPL service provider, offers customers a flexible payment option, allowing them to buy more and more frequently without feeling the pinch of an upfront payment or heavy interest on credit cards.
Payflex is a payment solution available for online purchases, providing shoppers with a spending plan, where the merchant is paid the full value of the purchase upfront, but the customer has 6 weeks to pay – at 0% interest. Payflex gives shoppers the ultimate in payment flexibility by allowing them to buy now and pay in four instalments at 0% interest, which means more sales, higher average order values and an increase in return shoppers for merchants. Payflex takes all the risk and handles all the customer support, and the merchant takes the reward.
Payflex’s payment solution has been designed to facilitate eCommerce payments seamlessly, and is fully integrated with Netcash, enabling shoppers to use the Payflex facility easily. Customers simply select Payflex as their payment method at checkout, create a Payflex account and enter personal information including their name, ID number, email address, password and card details. Customers then place their order and make their first payment and the merchant receives the full purchase amount into their Netcash account.
To integrate Payflex through your Netcash profile, merchants only need an active Netcash account. Simply activate “Pay Now” as a service and register for Payflex to enable it on “Pay Now” as one of your payment options. You can register easily through your Netcash account, by signing in and navigating to Account Profile> NetConnector> PayNow and select ‘Register’ next to the Payflex option.
Shoppers love Payflex because they can shop at thousands of leading online stores, pay over 6 weeks and their purchase is interest free! They also have the added benefit of exclusive discounts and promotions through Payflex, and only if they default on their payments will they be charged a penalty fee by Payflex. For merchants, you will pay a set fee per transaction to Netcash.
Join the revolution and add Payflex to your payment gateway portfolio!
Get in contact with us
Author:
Brent Felix
Payment Advisor
Stay in Touch
Brent is a dedicated Payments Advisor at Netcash, South Africa’s premier payment solutions provider. With a deep understanding of Netcash’s services, he expertly guides customers on Debit Orders, Salary and Creditor payments, Pay Now, eCommerce, and Risk Reports. Brent plays a vital role in helping businesses and organisations streamline their payments, providing cost-effective solutions that have a meaningful impact on our clients’ financial operations.
