Slice It: A Convenient Consumer Financing Option

Are you looking for ways to make your online store more appealing to customers? One effective way to do so is by offering consumer financing options. Klarna's Slice it feature makes it easy for customers to pay in installments, without having to go through a lengthy sign-up process. This article will explore the benefits of using Slice it and how you can integrate it with your platform.

'Slice it'

Klarna bases its costs and product availability on the location of your customer, making it a consumer-centric company. The actual payments take place at a later moment and are made in the Klarna app or customer portal through another payment method like iDEAL or credit card. The background credit check will assess whether the customer is eligible for consumer financing and what the available monthly installments are.

As a merchant, you will receive payment 5 business days after an order is shipped. Offering consumer financing can be especially beneficial when you have a high average order value, as it lowers the barrier for customers to make the purchase. With Slice it, customers can cut up the amount due in installments and pay it off over a period of anywhere between 3 to 36 months, with interest or without.

Integrating Mollie with your platform is easy, with ready-to-go packages available. This will allow you to offer a checkout optimized for conversion. Explore Klarna's SaaS products and partner program to learn more about how you can benefit from this feature. With fast funding and flexible repayments, collecting recurring and subscription payments has never been easier.

Overall, Slice it is a convenient consumer financing option that can help increase sales and customer satisfaction. By offering this feature, you can differentiate your store from competitors and provide customers with a seamless payment experience.