Want to offer the buy now pay later transactions consumers want safely? GPayments 3DS ActiveServer and ActiveSDK can help.
Buy Now Pay Later (BNPL) service providers are fueling e-commerce merchants at a time when their customers need greater financial flexibility. Buying a product or service they receive now and paying for it over time, makes purchases more feasible.
Merchants want to provide BNPL financing with as few interruptions or hurdles as possible. GPayments 3D Secure ActiveServer and ActiveSDK enable BNPL service providers to offer merchants and their customers secure and frictionless instalment lending online and via mobile device.
The BNPL financing model has exploded in growth and has changed consumer expectations from ecommerce merchants.
According to the 2020 FIS WorldPay Global Payments Report Australian BNPL users are expected to exceed 4 million in 2023.
The BNPL market is expected to be worth US$47 billion by 2023.
Australian BNPL leader Afterpay Ltd. accounts for 43.8% of the industry’s market share according to SPBGlobal. Block Inc. acquired Afterpay for US$39 billion in February 2022.
GPayments 3D Secure 2 ActiveServer enables BNPL providers to address key ecommerce concerns:
* 3D Secure 1.0 sunset in October 2022.Get ActiveServer now for secure payments late
We offer support for a variety of card schemes to meet your needs. Please let us know which card schemes you require and we will work with you to provide the necessary support.
Our fraud prevention solutions are built on globally recognised industry standards (EMVCo, SCA), and are fully supported and mandated by the major card schemes.
Identity theft complaints involving BNPL companies doubled between 2020 and 2021 according to Reuters. Do not give scammers something to boast about. GPayments 3D Secure 2 fraud prevention solution for BNPL providers provides frictionless authentication that builds trust with your customers. GPayments solution for BNPL uses:
Customers love the BNPL scheme but they don’t appreciate complicated purchasing. Give your customers frictionless transactions with GPayments fraud prevention solution.
GPayments helps BNPL service providers offer an outstanding customer experience using:
Have the GPayments 3D Secure specialists vet card schemes for PCI compliance, update software and 24/7 support with ActiveServer Service.
Advantages of ActiveServer hosted service:Learn more about ActiveServer