: Configure the specific financing products you wish to offer, such as the "SetPay pay in 4" option. How the BNPL Process Works
: In addition to BNPL, the app supports Synchrony's private-label credit cards and longer-term installment loans for up to 84 months. Synchrony moves into BNPL space with Fiserv Clover
: The "SetPay pay in 4" option is typically targeted for purchases between $40 and $500 . : Configure the specific financing products you wish
: Use the provided instruction guide within the app to register your Clover device and link it to your Synchrony merchant account. : Use the provided instruction guide within the
: Customers pay in four equal, interest-free installments , with the first payment due at the time of checkout.
: BNPL options are linked to a >10% increase in average basket size and higher purchase likelihood.
: Merchants use contactless, direct-to-device technology to send the application via SMS, email , or a QR code scanned by the customer's phone.