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How do I set up deferred payment with Hero?
Temps de lecture : 4 minutes
Almost 34% of online shoppers (France, Mediametrie) have tried deferred payment. It's a practice that can transform the shopping experience and boost sales. Let's find out how to boost your e-commerce with this method!
Sommaire
- What is deferred payment?
- How can I offer Hero deferred payment?
- Solutions for deferred payment
- What's the point of deferred payment for your customers?
- Sites offering deferred payment
- Deferred payment VS fractional payment: which is better?
- Is a deferred payment solution difficult to integrate into a website?
- Frequently asked questions :
What is deferred payment?
Deferred payment is a financial solution that allows customers to make immediate purchases while postponing the settlement to a later date . This flexibility offers consumers and businesses better cash management by aligning cash outflows with cash inflows.
How can I offer Hero deferred payment?
With Hero, it's easy to offer deferred payment, whether for B2B or B2C transactions . Hero offers an online payment solution, Hero Checkout which integrates directly into your website. You can activate the BNPL option, allowing customers to choose deferred payment during the checkout process. Hero is available for both B2C and B2B customers, with high outstandings.
For B2B payments by invoice and bank transfer , Hero Cash offers a factoring option , advancing invoice payments for companies to benefit from the funds immediately, without waiting for customer payment. You can offer deferred payment of 30 or 60 days, for example.
Request a customized quoteSolutions for deferred payment
| Solution | 💰Price💰 | ✅Avantages✅ | ❌Disadvantages❌ |
|---|---|---|---|
| Hero | On request | Offers an integrated checkout for B2B and B2C e-commerce + offers factoring with Hero Cash Offers factoring with Hero Cash + High outstandings, no hidden fees, no commitment, Allianz guarantee, easy integration and synchronization | Need to open a bank account with pro bank card, 100% free 😉 |
| Billie | On request | Specialized in B2B + solutions Invoice automation and bad debt management | Less B2C + oriented Can be complex to integrate for small retailers |
| Hokodo | On request | B2B solution offering credit + insurance Secure payments and risk management | Restricted to certain regions or markets + Concentrated mainly on the European market Mainly focused on the European market |
| Alma | Payment D+15: 4.20% excl. VAT (Customer charges 0.71% excl. VAT + Company charges 3.49% excl. VAT) AND Payment D+30: 5.60% excl. tax (Customer charges 1.44% excl. tax + Company charges 3.16% excl. tax) | Payment in instalments for B2C + customers Simple, clear user interface | B2C + only Does not offer factoring |
Hero stands out for its versatility, offering solutions for both B2B and B2C transactions, including factoring, making it a complete option.
What's the point of deferred payment for your customers?
Deferred payment offers several advantages for customers, including :
Reduced pressure on cash flow
Enables customers to manage their cash flow more flexibly, by delaying payments until income is available.
Optimization of working capital requirements (WCR)
By deferring payments, companies can reduce their WCR. This improves their liquidity and their ability to reinvest in their business.
Sites offering deferred payment
Deferred payment options are becoming increasingly popular among e-commerce sites, both B2C and B2B. Here are a few notable examples:
B2C :
Merci Handy : This site offers care and beauty products with a deferred payment option, making the purchase of these products more accessible and flexible for consumers.
Dessange : Known for his hair care products Dessange allows its customers to benefit from deferred payments, offering additional flexibility for the purchase of high-end products.
B2B :
Materiel CHR Pro : Specialized in professional equipment for cafés, hotels and restaurants, this site offers deferred payment, facilitating the acquisition of costly equipment needed for start-up or expansion.
All these companies have chosen Hero to offer deferred payment to their customers.
Deferred payment VS fractional payment: which is better?
| Solution | ✅Avantages✅ | ❌Disadvantages❌ |
|---|---|---|
| Deferred payment | Improved cash flow + Flexible payment Payment flexibility | Increased risk of non-payment (if you don't have payment protection insurance) + Administrative management and follow-up (if you don't have automated accounting) Administrative management and follow-up (if you don't have automated accounting) |
| Payment in instalments | Reduces the risk of non-payment + Improves access to costly products/services Improves access to expensive products/services | More complex to manage from an accounting point of view (if you don't have automated accounting) + The buyer must always have funds available. Buyer must always have funds available |
Hero offers both solutions This is the most effective way for both professional and private payers to choose the most suitable option.
There is no no risk of non-payment with Hero You receive the money immediately. Unpaid bills are covered by Hero and its insurer.
Your accounting is no more complex with Hero, because everything is automated in just a few clicks using our API.
Request a customized quoteIs a deferred payment solution difficult to integrate into a website?
The cost of integrating a deferred payment solution varies according to the supplier. You should generally expect to pay €1,000 for integration, or one hour's work for a "ready-to-use" solution.
With Hero, integration is simplified:
For CMS partners (PrestaShop, WooCommerce, Magento, etc.): Installation is made easy by downloading and installing a plugin.
Manual integration : Hero provides a detailed documentation e and a technical assistance (no hidden charges) to support deployment and customization of the payment solution.
Hero strives to make the process as accessible as possible, with out-of-the-box options requiring little time and effort to set up.
Adopt a deferred payment solution such as Hero can transform your customers' purchasing experience, offering greater flexibility and improved cash management. Whether for B2B or B2C purchases, Hero offers easy integration and full support, making deferred payment accessible to all.
Request a customized quoteOffer a deferred payment can transform the way customers interact with your business, boosting loyalty, stimulating sales and securing cash receipts.
Frequently asked questions :
What is a deferred debit on a credit card?
This is an option for grouping and debiting all purchases made during the month in one go on a fixed date. Hero offers a free pro bank card with a deferred payment option.
Can you offer deferred payment with Paypal?
No, Paypal offers payment in 4 instalments. The risk of non-payment remains with the seller, unlike specific solutions such as Hero.
