QENTA and AfterPay announce “Buy Now, Pay Later” partnership
Austrian payment provider QENTA Payment CEE today announced a partnership with Arvato Financial Solutions’ “Buy now, Pay Later” provider AfterPay. Both companies have partnered to provide AfterPay payment solutions, through a simple and seamless integration, to QENTA merchants.
“Buy Now, Pay Later” is one of the most popular payment methods for online shopping – several studies have proven that purchase on account integration attracts new customers, leads to larger shopping carts, reduces returns and increases sales – up to 20% higher sales compared to other payment methods.
By partnering with AfterPay, QENTA merchants can make it easier, safer and more user-friendly for their customers to pay in their online shops. With AfterPay’s purchase on invoice, consumers have the opportunity to see their goods first before paying for them. AfterPay also offers additional flexibility with various installment payment solutions.
“QENTA is excited to partner with AfterPay to make it easy and fast for our merchants to offer their customers the flexibility of “Buy Now, Pay Later”. We have a strong demand for flexible payment options and this partnership gives our merchants an effective tool to generate more sales and reach new customers.” – Niklas Oertel, Head of Business Development, QENTA Payment CEE.
“We are very pleased to have found a renowned partner like QENTA, who has the local expertise and an established customer base. This will help us offer our services in a targeted fashion to a broader audience in Austria as well.” – Walter Drieenhuizen, Head of Global Partnerships, AfterPay.
About QENTA Payment CEE
QENTA Payment CEE, an Austrian payment service provider, has been offering the latest cashless payment processing technologies and supporting the development of international payment strategies for more than 20 years. With solutions from QENTA, small and large companies can easily, cost-effectively and reliably accept all common payment methods in online stores and many other applications.
About AfterPay
AfterPay, a business unit within Arvato Financial Solutions, enables merchants to offer consumers a convenient and secure way to pay – With AfterPay, consumers have the option to see their goods first before paying for them. AfterPay, founded in 2010 and acquired by Arvato Financial Solutions – a Bertelsmann company – in 2014, offers its services in nine countries: The Netherlands, Belgium, Germany, Austria, Switzerland, Sweden, Norway, Finland and Denmark. Under the umbrella of buy now, pay later, AfterPay offers five different payment options: the 14-day invoice, the promotional invoice, the collective invoice, fixed installments and AfterPay FLEX.
QENTA - Your technical payment service provider from Austria. As an Austrian technical payment service provider, we have been offering you the latest technologies in cashless payment processing for more than 20 years. Qenta Payments CEE is a division of Qenta Inc, a programmable money & access financial services & technology platform.