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About

Ratepay operates in financial services as a direct provider of White Label Buy Now, Pay Later (BNPL) products in Germany, Austria, Switzerland, and The Netherlands. The company enables large online retailers (merchants and marketplaces such as Ebay, IKEA, Eurowings, ShopApoteke, Flyeralarm, or About You) to offer end-customers (buyers) the possibility to pay for products or services via open invoice, direct debit, or in installments. Being natively integrated at checkout, Ratepay is invisible to the buyers and does not dilute the merchant’s brand and trustworthiness. Buyers are not required to abandon the checkout interface and create an additional account or download an app and therefore, constantly remain in the brand world of the merchant. This leads to a higher conversion rate, an increased average basket size, and more repeat purchases.

About

Providing your customers a little credit at the checkout has been shown to generate a significant uplift in sales, bigger basket sizes, and a reduction in cart abandonment. SplitPay allows your customers to pay later in 4 equal monthly installments. We pay you in full before the goods ship and take on all customer credit risk. Merchants who start using SplitPay have seen a 20-30% uplift in sales volumes. Nothing to pay upfront and no minimum transaction volume. You get paid in full for the purchase before the goods ship, we take all customer non-payment risks. To get started we do not charge you any setup, establishment, or ongoing monthly fees and we settle all transactions with you daily. SplitPay makes signing up quick and easy with no complicated application forms. Get shopping quicker with our instant approval process. Shoppers paying with SplitPay do not pay any interest and no fees if they pay on time.

Platforms Supported

Windows Supported
Mac Supported
Linux Supported
Cloud Supported
On-Premises Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Supported
Chromebook Not Supported

Audience

Large ecommerce platforms

Audience

Businesses in need of a solution to offer their customers the ability to buy now and pay later

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

customizable based on vertical, basket size, business model (B2B, B2C, marketplace...), features, modules, payment conditions.
Free Version Not Supported
Free Trial Supported

Pricing

Free
Free Version Supported
Free Trial Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 1.0 / 5
ease 1.0 / 5
features 1.0 / 5
design 1.0 / 5
support 1.0 / 5

Pros & Cons from Real Users

Pros

  • Nothing at all. Literally every thing sucked. The customer service sucks. The details suck, do not trust them!!!

Cons

  • SCAM!!!! Do not trust them!!! They will approve you then you pay rent, and guess what? They deny it!!! I just had to plead to not be evicted and I have $250 in returned fees and late fees. I did not pass “compliance” after I was approved and told all set!!! No one. No one can or will tell me why!!!! Just sorry, DO NOT USE!!!!! Not American either.

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Ratepay
Founded: 2009
Germany
ratepay.com

Company Information

SplitPay
www.splitpay.com

Alternatives

Creditea

Creditea

International Personal Finance

Alternatives

MONEI

MONEI

MONEI DIGITAL PAYMENTS SL

Categories

Buy Now Pay Later Supported

Categories

Buy Now Pay Later Supported

Integrations

Adyen Supported
Magento Supported
PayPal Supported
Shopware Supported

Integrations

Adyen Not Supported
Magento Not Supported
PayPal Not Supported
Shopware Not Supported
Claim Ratepay and update features and information
Claim Ratepay and update features and information
Claim SplitPay and update features and information
Claim SplitPay and update features and information