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Are Consumers More Likely to Shop Online with Instant Financing?

March 19, 2018 PayPal , online payments , installment plans , financing , PayPal Credit , financing options , Klarna , cart abandonment , purchase financing , instant financing , online financing , installment purchases , financing methods Lynn Oldshue

Are consumers more likely to buy an online item if the merchant offers an instant financing option? According to a new study from payment provider Klarna, 82% of online merchants believe that offering financing at checkout would increase their sales. eCommerce retailers are particularly concerned about cart abandonment—when a customer proceeds to checkout but leaves

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