Thanks to the well-established and deep integration of the Tower Systems POS software with Afterpay, Zip Pay, Zip Money and Humm (through Flexi group), we are able to offer small business retailers valuable and wonderful alternatives to LayBy.
The beauty of our buy now pay later offers is that our customers, the retailers, can demonstrate better flexibility.
We were the first POS software company to integrate with Humm, delivering excellent results for our partner retailers. Humm is fast, easy and backed by the massive Flexi group. This is good news for retailers.
Our pitch for retailers on our buy now pay later integrations is simple:
Give your customers the power to pay later, interest free and watch your sales grow. Tower Systems and Humm /Zip and others have teamed up to provide a seamless, interest free payment solution for your customer, allowing your business to benefit from:
- Increased sales volume
- Increased average order values
- Increased customer repurchases
- Now, with a seamless integration with Tower Systems, you can accept Humm and Zip payments as soon as you are accredited. Simply enter your credentials.
Getting up and running with Humm and Zip is the easiest. Afterpay is a slower process in our experience.
We do remind our retailers, however, to be informed. ASIC has released a report into buy now pay later businesses and their model. Retailers could benefit from reading this and understanding that the spotlight is increasing on this type of funding. While we see that buy now pay later helps retailers get business today, we suggest you don’t become dependent on it as tighter regulations are coming for this area of finance that is essentially unregulated.