Top 7 Customer Finance Options For Drop Shipping In Australia

Top 7 Customer Finance Options For Drop Shipping In Australia

As a dropshipper in Australia, providing your customers with flexible finance options can be a key factor in growing your business. Offering customer finance options can increase the number of sales, and also increase the average order value. In this blog post, we will discuss the top 7 customer finance options for drop shipping in Australia.

1. Afterpay

Afterpay is one of the most popular customer finance options for dropshippers in Australia. It allows customers to split their purchase into 4 interest-free payments over 8 weeks. This can increase the number of sales and the average order value, as customers are more likely to make a purchase if they can pay in instalments. Afterpay is easy to integrate with most e-commerce platforms and it's widely used in Australia.

2. ZipPay

ZipPay is another popular customer finance option for dropshippers in Australia. It is similar to Afterpay, as it allows customers to split their purchase into interest-free payments. However, ZipPay has a higher credit limit than Afterpay and it also allows customers to make payments over a longer period of time. ZipPay is also easy to integrate with most e-commerce platforms and it's widely used in Australia.

3. Humm

Humm is a customer finance option that allows customers to make purchases and pay them off over a period of time. It has a lower credit limit than Afterpay and ZipPay and it also charges interest on the balance. Humm is easy to integrate with most e-commerce platforms and it's widely used in Australia.

4. Laybuy

Laybuy is a customer finance option that allows customers to split their purchase into 6 interest-free payments over 6 weeks. It is similar to Afterpay and ZipPay, but it has a lower credit limit and it also charges a small fee for late payments. Laybuy is easy to integrate with most e-commerce platforms and it's widely used in Australia.

5. LatitudePay

LatitudePay is a customer finance option that allows customers to make purchases and pay them off over a period of time. It has a lower credit limit than Afterpay and ZipPay and it also charges interest on the balance. LatitudePay is easy to integrate with most e-commerce platforms and it's widely used in Australia.

6. Certegy Ezi-Pay

Certegy Ezi-Pay is a customer finance option that allows customers to make purchases and pay them off over a period of time. It has a higher credit limit than Humm and LatitudePay and it also charges interest on the balance. Certegy Ezi-Pay is easy to integrate with most e-commerce platforms and it's widely used in Australia.

7. Klarna

Klarna is a customer finance option that allows customers to split their purchase into 4 interest-free payments over 8 weeks. It is similar to Afterpay, ZipPay and Laybuy, but it's not as popular in Australia. Klarna is easy to integrate with most e-commerce platforms and it's gaining popularity in Australia.

In conclusion,

providing customer finance options can be a key factor in growing your dropshipping business in Australia. Afterpay, ZipPay, Humm, Laybuy, LatitudePay, Certegy Ezi-Pay and Klarna are the top 7 customer finance options for dropshipping in Australia. Each of these options offers different features and benefits, so it's important to research and compare them before making a decision. Be sure to consider the fees, interest rates, credit limits, and integration process before choosing a customer finance option for your business.