How to Use BNPL Payment Methods in Highlevel Ecommerce Online Store

• Why Implement BNPL Payment Methods?
• Setting Up BNPL in HighLevel with Stripe
• Country-Specific BNPL Details
• Business Category Considerations
• Enabling BNPL Methods in Stripe
• Testing and Finalizing BNPL Setup
• Conclusion

In the rapidly evolving world of ecommerce, offering flexible payment options can significantly enhance your customer experience and drive sales. One such innovative option is the Buy Now, Pay Later (BNPL) method. Integrating BNPL options such as Affirm, Klarna, and Afterpay into your HighLevel ecommerce store can be a game-changer. This blog will guide you through the process, highlighting the benefits and the steps needed for successful implementation.

Why Implement BNPL Payment Methods?

Offering BNPL options provides several advantages:

1. Increased Sales: Flexible payment plans encourage customers to make larger purchases, boosting your overall revenue.
2. Enhanced Customer Satisfaction: Customers appreciate the ability to manage their finances better with deferred payment options.
3. Competitive Edge: Staying ahead in the ecommerce space often means adopting the latest payment technologies.

Setting Up BNPL in HighLevel with Stripe

HighLevel supports BNPL methods through Stripe, including Affirm, Klarna, and Afterpay. Here’s how you can integrate these options:

1. Navigate to Your Ecommerce Store:
   • Go to the Marketing section in your HighLevel dashboard.
   • Select Affiliate Manager, then click on Affiliate to access your list of current affiliates.
2. Access Your Product List:
   • Open your product list page within your online store.
   • Select the product you want to enable BNPL for.
3. Enable BNPL Options:
   • On the checkout page, scroll down to see the available BNPL options. If Klarna is visible, it indicates that BNPL is partially set up.
   • Note that the availability of BNPL methods depends on your Stripe account’s registration country (US, Canada, UK, Australia, New Zealand) and specific transaction limits per country.

Country-Specific BNPL Details

Each country has specific transaction limits for BNPL:

• Australia: Transactions between AUD 1 and AUD 2,000.
• Canada: Transactions in CAD within the same range.
• UK: Transactions between GBP 1 and GBP 1,200.
• US: Transactions between USD 1 and USD 4,000.

If your product exceeds these limits, BNPL options won’t be available.

Business Category Considerations

The availability of BNPL options also depends on your business category in Stripe. For example, consulting businesses (code 7392) cannot use Affirm. It’s crucial to ensure that your business category aligns with the supported BNPL methods.

Enabling BNPL Methods in Stripe

If BNPL options do not appear automatically:

1. Go to Payments in Stripe:
   • Navigate to the Payments section in your Stripe account.
   • Select Payment Methods to view and enable available options.
2. Enable Klarna, Affirm, and Afterpay:
   • Toggle these options on. If they are not visible, your business category or registration country may need adjustment (though changing categories can have tax implications).

Testing and Finalizing BNPL Setup

Once BNPL methods are enabled, test the checkout process:

1. Simulate a Purchase:
   • Choose a BNPL option like Klarna.
   • Complete the verification process (e.g., phone number and address).
2. Select Payment Plan:
   • Options may include paying in full, in installments (interest-free), or through financing.
3. Complete Payment:
   • Klarna, for instance, will prompt for a debit card to ensure responsible borrowing. Credit cards are not accepted to prevent further debt accumulation.
4. Confirm Order:
   • After completing the payment, initiate workflows to send confirmation emails and SMS notifications to the customer.

Conclusion

Integrating BNPL payment methods like Affirm, Klarna, and Afterpay into your HighLevel ecommerce store can significantly enhance customer experience and increase sales. By offering flexible payment plans, you cater to a broader audience and encourage larger purchases. Follow these steps to seamlessly implement BNPL options and stay ahead in the competitive ecommerce landscape.

By leveraging these powerful tools, your HighLevel ecommerce store can offer enhanced payment flexibility, driving customer satisfaction and boosting revenue.