Oxipay works just like AfterPay. It is a buy now pay later offer. Interest free. Hassle free. Easy for you. easy for the customer. You are paid right away. You carry no obligation if the shopper does not pay off the debt.
Oxipay is integrated with our POS software. We were the first in the world to do this.
Your customer can pay over eight weekly payments. Here is how it works on a $160.00 purchase: they pay $20.00 on purchase and seven payments of $20.00 each. You are paid right away for the full purchase price, into your bank account.
What you pitch in-store is $20 today and 7 payments of $20.00 interest free. People can see this as achievable whereas they could baulk at a $160.00 purchase. This option to pay small weekly amounts is loved by Oxipay shoppers -= this brings them back to Oxipay shops.
Oxipay is integrated with the latest release of Retailer. We were the first POS software company in the world to to do this. Our software treats Oxipay as another payment method.
The shopper is already registered for Oxipay prior to the transaction or they can quickly sign up in-store. They can do this on their phone. It is easy.
The beauty of Oxipay is that it can reduce your LayBy commitment. This can save you space. It can also save you the cost of dealing with a situation where a customer cancels a LayBy prior to collection. In fact, Oxipay is loved by shoppers for the LayBy alternative it offers them too given the structure for payments.
We use Oxipay in our own shops and on consumer websites. Oxipay is currently being used for 14% of transactions on one site that does over $500,000 in sales in a year. This site has an average transaction value of $75.00.
The way to make the most of Oxipay is for you to ensure all staff are trained to pitch it to shoppers considering items they may not have the ready cash for today. They may be able to handle fortnightly payments and this could see you win business today that otherwise might have gone elsewhere.