Anyday is a new payment solution for webshops that offers interest-free installment payments. It allows your customers to split the payment into smaller installments, without interest or fees, which often increases both the conversion rate and basket size.
Anyday aims to change the industry's reputation by offering customers the ability to split payments into installments with no fees or interest. Instead, the webshop pays a small fee when customers use Anyday. There's no subscription or monthly fee, just a low fixed fee paid when Anyday is used. You can add Anyday as a payment option here.
Introducing Anyday
Anyday is a Danish fintech company that has developed a BNPL (Buy Now, Pay Later) solution. This service allows customers of online stores to split their payments into smaller installments, which are paid in fixed monthly installments. Typically, this is divided into four equal parts, meaning the customer pays the bill in four equal installments over a period of three months.
The first installment is charged when the purchase is completed, the second installment is charged one month later, the third installment two months later, and the fourth installment three months later. Currently, Anyday offers the option to split payments into up to 10 installments, which means your customers can shop even more during Black Week and the Christmas sale.
Why Should I Consider Anyday for My Webshop?
If you're an webshop owner, you've probably noticed that you're the one who pays a fee when your customers use Anyday. This isn't anything new; it's the case with all payment solutions that charge a fee from those acting as a bank.
With Anyday, there's a transaction fee of 3.95%, but no setup fee. While this may seem relatively high compared to other payment solutions, it's essential to take into account the advantages it offers.
The Benefits of Anyday
No added risk
Anyday gives your customers financial flexibility and increases the average order value by up to 40%. At the same time, Anyday takes on the risk, so you don't have to worry about collecting payments from customers.
More options for your customers
A useful guideline is that the more payment options you offer, the more likely customers are to complete their purchase. That's why it's always a good idea to provide as many payment methods as possible. Once customers discover Anyday and see how simple it is to split their payments, it becomes a feature they actively seek out.
Improve your conversion rate
Webshops that offer the option to split payments into installments see a 2-3% higher conversion rate. This is, of course, compared to the conversion rate they had before adding Anyday as a payment option.
Increase your average basket size
When customers don’t have to pay the full amount immediately, they often end up adding more to their cart. Our analysis shows that the average basket size is up to three times larger with Anyday compared to other payment methods, like Dankort and Viabill.
Average Basket Size
The graph has been created using data from our records for October 2021.
How to Set Up Anyday for Your Webshop?
pensopay can help you find the perfect solution for your business. Discover the solution here. Anyday works seamlessly with all our solutions, and there are no setup fees. We’ll guide you through the setup process and provide support whenever you need it. Once your payment solution is up and running, your customers can start making payments on your webshop immediately.
Team pensopay
