Magento 2 plugin development for a BNPL service to win a larger part of the market.
Recently, Buy Now, Pay Later (BNPL) services have gained extreme popularity - the flexible payment systems allow millions of shoppers worldwide to finance their online purchases at a future date. The BNPL is especially popular among younger generations. 41% of Millennials and 36% of Gen Zers prefer flexible payment plans for products and services instead of making one-time payments.
With BNPL integrations merchants get many benefits, including a higher average order value and conversion rate at checkout, and subsequently, increased sales and revenue.
The Partial.ly app lets ecommerce brands set down adjustable payment plans. With it, consumers may divide large payments into pieces matching their finances. There are two options to enable the service for an online store: either to connect the app to the current invoicing software or use Partial.ly as a standalone payment plan service. Today, more than 16K businesses in 30 countries offer Partial.ly payments to their customers.
The company turned to Grinteq to develop a plug-and-play integration for the Magento ecommerce platform.
The BNPL market is exceptionally competitive. To become available for a wider number of users, service providers develop integrations for the most popular ecommerce platforms, offering new flexible digital payment methods to online merchants.
Partial.ly team requested the full-cycle custom plugin development for the Magento platform including its further marketplace adjustments, maintenance, and support.
Gathering the tech needs of the client, Grinteq developed a Magento 2 plugin covering all stages of the process: preparing module skeleton and configuration, API implementation, testing, adding a new payment method to the checkout, adding widgets, requirement notices, popups and more. To simplify its further deployment, we provided clear documentation and detailed instructions for the process.
As a result, the Partial.ly app has become available for web stores running on Magento 2, gaining new customers for the service.