Sezzle Benefits Businesses both small and large! New Ways to pay for E-commerce.
Sezzle for business is a BNPL service that makes it easier for consumers to buy things from a brick-and-mortar or online store, even if the person does not have enough money in their account. When you pay with Sezzle in person or through online shopping, you can get what you bought now and then repay in interest-free installments over the next several weeks.
A payment platform that enables customers to make purchases and pay for them in interest-free installments. If you would like to see this in action please visit VERMONTTOOLCOMPANY product pages to see this in action. See the checkout in action as well.
Here are a few reasons why you might want to consider using Sezzle for your business:
- Increased sales: By offering customers the option to pay for their purchases in installments, you may attract customers who may not have been able to afford the entire purchase upfront. This can result in increased sales and revenue for your business.
- Improved customer experience: Sezzle provides a seamless payment experience for customers, allowing them to split their payments into manageable installments. This can improve customer satisfaction and loyalty, leading to repeat business.
- No risk: They assumes all risk associated with the transaction, meaning that you get paid upfront for the full purchase amount. This eliminates the risk of customers defaulting on payments or chargebacks.
- Easy integration: Sezzle is easy to integrate with most e-commerce platforms, making it a convenient payment option for both you and your customers.
- Competitive advantage: Offering Sezzle as a payment option can give your business a competitive advantage over other businesses that do not offer installment payment plans.
Overall, will be a valuable tool for businesses looking to increase sales, improve customer experience, and reduce risk.
Countries of operation
Minneapolis, Minnesota, firm that operates in both the U.S. and Canada.
Rescheduled payments
Allows you to reschedule your payment for free the first time. If you need to reschedule a second or third time, will charge you a $5 fee per rescheduled payment.
Credit limits
A credit limit of $2,500. However, if you are a new customer, you likely won’t get access to the full credit limit on your first purchase. They may offer you a lower credit limit of a couple hundred dollars. Once you make on-time payments and prove that you are a responsible borrower, can choose to raise your credit limit up to the full $2,500.
If you need to reschedule a payment, you should try to do so at least 48 hours before your payment date. Once payment processing has begun, you cannot reverse it.
Fees
For merchants, Sezzle typically charges a $0.30 flat fee plus 6% of the transaction price for each purchase. However, for customers, purchases made with Sezzle are known for being fee-free. If you make all of your repayments in full and on time, Sezzle will not charge you a fee. You may receive a fee, though, if:
- You reschedule more than one repayment
- Your payment has failed
On the bright side, they dooffers a grace period. If you miss a payment but resolve it within 48 hours, Sezzle will waive the fee. Until you handle the repayment, Sezzle will not approve any new purchases.
Does Sezzle up show up on your credit report?
Standard purchases do not get reported to the credit bureaus and, therefore, do not show up on your credit report. However, if you have Sezzle Up, it will show up on your credit reports.
Sezzle reports your repayments to the bureaus. If you consistently make on-time payments, it will positively impact your credit scores; however, if you miss payments or make them late, it can negatively affect them.
You may not see activity on your credit record for up to 60 days after signing up.
