More likely to purchase
when given the option to Buy Now Pay Later
Get paid twice as fast
by offering an online payment option
Paid in full the same day
as soon as customers check out you get the funds
Integrates seamlessly with your sales process
We’ve partnered with the biggest names in ecommerce and accounting software so you can easily accept business payments and unlock growth by offering Buy Now Pay Later to your trade customers.See our integrations
You control the cost
Take all your payments through iwocaPay for free or stand out from the competition and give your trade customers interest free extended terms - for all of them, or just a special few.
It’s always free for you and your customer if they Pay Now.
There are a lot of things to think about when it comes to Buy Now Pay Later for trade customers. Here are some of the common questions we get asked.
We don’t do any credit checks for customers using Pay Now, but business customers using Buy Now Pay Later will need to get approved before they can spread the cost with iwocaPay. We only run soft credit checks which means applying won’t affect your credit score.
iwocaPay is part of iwoca - an award winning small business lender that’s made finance available to more than 90,000 businesses.. iwocaPay uses the same proprietary credit checking software to make sure we’re supporting as many businesses as possible while being a responsible lender.
We don’t believe businesses should pay to access their money - that’s why we only charge when we add a service, rather than just moving funds from A to B.
That means Pay Now is always free for you and your customers. It’s powered by Faster Payments and Open Banking to allow your customer to securely send you money from their bank account to yours instantly.
We only charge for Pay Later when your customers use it , there’s no subsctiption fees. You also control who pays for Pay Later - either a fixed % on each Pay Later transaction for you (and interest free for your customers) or free for you and interest bearing for you customers.
We take on all the credit risk so there’s no recourse - that means if your customers don’t pay us we’ll never come to you asking for the money (unlike other solutions like invoice factoring).
We also don’t outsource our credit recovery process to nasty third parties. iwocaPay is part of iwoca - an award winning small business lender with years of experience lending responsibly and working with businesses to get them back on track when they struggle to pay.
How iwocaPay works for you
How iwocaPay works for your trade customers
Fresh Law Ltd
iwocaPay is a lifesaver for us and our clients! Without iwocaPay there would be no Fresh Law. If you are a business providing goods or services to other businesses - this is a lifesaver! Awesome customer service too...
Thanks to iwocapay my company has just landed its first big contract of 2021, and it's not even Christmas yet! The ability to offer extended terms through iwocapay clinched the deal, no doubt whatsoever. The best of all, was the synchronisation through Xero.
The Entrepreneurs Circle
We are loving iwocaPay! Giving our customers the ability to spread their investment over 3 months whilst receiving all the money upfront AND not having to deal with chasing payments, invoices etc means it has already saved us hours of time and even helped us close sales.