Sell more risk-free with a modern layaway plan.

Our Wait for it plans let you easily offer a modern layaway / lay-by option for customers to pay their installments first, then receive their product or service after theyโ€™re fully paid up.

This gives you and your customers all the benefits of a payment plan, with zero risk for you.

Eliminate risk

You’re selling a high-value product or service and to avoid any risk of non-payment, you want customers to pay their installments before you provide them the product or service.

Reduce abandoned carts

Offering a wait for it / layaway plan can help you boost sales. You can offer this in addition to any existing payment plan or BNPL option you already offer to maximize sales.

Incentivize customers to wait

Limited stock for your product or limited availability for your service? Sell made to order? Encourage some customers to wait by offering them an inbuilt discount.

Who uses wait for it plans?

If you sell high-value items, provide high-value services or sell physical products in general, consider offering a Wait for it plan. It let you offer customers easy-to-digest payments, increasing the likelihood of them buying, without the risk of non-payment. Many businesses selling high-value items and services arenโ€™t eligible for BNPL companies like Affirm, Klarna, or Afterpay.

A Wait for it plan provides the benefits of a buy now pay later solution with lower fees and a better customer experience. If you already offer layaway, itโ€™s an excellent way to modernize your offering, integrate it into your checkout flow, and reduce admin โ€“ all while improving the customer experience. Wait for it plans are useful for various industries and almost any type of business, but the ones that commonly use them are:

Jewellery

Electronics

Art sales

Department stores

Cohort-based courses & workshops

Furniture

Clothing

Homewares

Dental services

High value services or experiences

Supercharge your sales, not your admin

With the current economic environment and high cost of living, people are looking for and using any way to reduce their cashflow and manage their monthly expenses. Offering a wait for it plan lets more potential customers buy your product or service that would have been unaffordable for them as a lumpsum.

You can easily add setup fees, surcharges and even automated early cancellation fees.

Works with your existing payment plan or buy now pay later option

Wait for it plans are complementary to your existing payment plan option if you have one and work seamlessly with those on your ecommerce checkout. You can continue to offer payment plans using Paythen or your BNPL provider while also offering the โ€œWait for itโ€ option as a separate checkout option for customers that are happy to wait โ€“ you can even incentivize this with an inbuilt discount ๐Ÿ‘‡

Reward patience while improving cashflow

Not everyone is in a hurry. Some people are happy to wait a bit. If youโ€™re running low on stock, sell something made to order, or sell a service, course, or anything with limited availability, you can encourage some of your customers to start paying now but receive their product or service once they have paid in full by including a built-in โ€œwait for itโ€ discount. This helps you better manage demand.

Fewer failed payments. Automated follow ups.

Customers get reminders before each scheduled payment and automated follow-ups if a payment fails. This reduces failed payments, chances of defaults, and eliminates manual follow-ups.

Works wherever your customers are

Our plans integrate with your ecommerce site, work with third party forms or are usable directly with easy shareable links like this that work everywhere.

Or use Zapier to set up more customized workflows and send customers payment plan links via email.

Let your customers help themselves and pay early at any time.

With self-serve links like this, your customers can see what theyโ€™ve paid, whatโ€™s remaining, pay some or all installments early, change their card info, get receipts and more โ€“ via a secure link they can access anytime. No logins or extra support time needed.

Leverage other plan types to suit your business

Our payment plans support almost any business model โ€“ from events and travel through to services, courses, dental, high value items like jewellery, machinery, and much more. With four different payment plan types and lots of customization within each, you can offer payment plans that fit your business perfectly. And to keep things simple, you can even offer subscriptions and one-time purchases using Paythen.

Payment plan

Payment plans with weekly, monthly, or any custom billing intervals that suit your business. Useful for a range of businesses and business models.

Date-based payment plan

Everyone pays on pre-set dates regardless of when they sign up. Useful for events, travel and education businesses and if youโ€™re selling anything tied to a specific date.

Wait for it payment plan

Offer layaway or lay-by plans that let customers pay off their plan, then receive their product or service. Useful for physical items, services, or anything with limited spots.

Pay your way plan

Encourage customers to pay in full or choose the payment plan option via the same payment plan link. Improve your cashflow while still giving your customers choice.

  • Wait for it plan
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  • 1. Is Paythen available in my country?
     

    Paythen is available anywhere Stripe is. If you can sign up for a Stripe account, you can use Paythen. Stripe is currently available to businesses based in over 40 countries (please see notes below for 'preview' countries), and almost anyone anywhere through Stripe Atlas. These are the countries supported by Stripe (and Paythen) at the moment:

    You can accept payments in most currencies Stripe supports (over 130) โ€“ at the moment you can't accept zero decimal currencies with Paythen. There are some exceptions and limitations based on your account's currency. View the full list and more info here.

    Are you in a country where Stripe is in preview?
    Countries that show "Preview" above might have limited functionality as Stripe is just getting started there.You can read more about each supported country, including Stripe fees and sign up for a Stripe account here. Different preview countries might have different limitations.

    For some countries, because of legal and Stripe restrictions, Paythen fees cannot be automatically deducted from each transaction like they usually are. In these cases, you can still use Paythen as normal โ€“ but your billing will be done monthly at the end of each month via a credit or debit card.

    For some preview countries (like Indonesia and the Philippines), Paythen might only work if you have set up a Stripe account using Stripe Atlas but not if your account is based in your home country and currency. This is because of legal limitations in these countries that don't allow external platforms based in other countries to connect to locally-based accounts.

    Is your Stripe account based in Japan?
    Japan based accounts can use and accept payments with Paythen in all other currencies except JPY at the moment. Paythen does not support zero decimal currencies at the moment but we expect to add support in the future.

    Is your Stripe account based in India?ย 
    Accounts based in India can currently only accept payments in INR using Paythen โ€“ we will be adding support to accept other currencies too, but at the moment, only INR payments can be accepted. If you're using Stripe Atlas with a USD account, then this does not apply.

    Is your Stripe account based in Indonesia or the Philippines?ย 
    Unfortunately at the moment, due to legal and/or Stripe limitations, Stripe accounts based in Indonesia or the Philippines cannot connect to platforms like Paythen that are based in other countries, like Paythen is. We hope to support both countries in the future if and when this changes. You can use Paythen if you have a US based Stripe account created via Stripe Atlas though.

    If Stripe is not available in your country, we recommend looking into Stripe Atlas. It's a great way to form a US company remotely and get all the benefits that come with it.

  • 2. What support do we get?
     

    We offer personalized support via email, chat and self-service to all our customers. Most support enquiries are answered and resolved within an hour. We're happy to help with almost anything related to getting you set up, whether it's within Paythen or on your site/store. Just ask.

  • 3. What does Paythen cost?
     

    Paythen has no fees for the first 7 days during your free trial. After this, Paythen is just a low 2% per transaction. There are no other fees or charges. We get paid only when you do!

    As with all billing systems, Paythen's fees are separate to Stripe fees.

paythen-pay-your-way-plan

Increase sales by offering easy payment plans in one minute.

Start with a fee-free 7 day trial.

Weโ€™ll ask you to connect your Stripe account or create a new one once you sign up. Paythen works with Stripe.

Easy payment plans

Offer your customers a flexible payment plan set by you, to increase conversions and sales.

Easy payment links

An easy to share payment link that works on any website and any device - matching your brand.

Flexible plan types

Offer payment plans, pay your way plans where customers can choose, subscriptions or one-off payments.

Automated reminders & emails

We automatically send handy reminders before payments & follow-ups if a payment fails.

Change payment info easily

Your customers can change their card info anytime they want, with zero time spent by your team.

Integrate with other apps

Send Paythen data to over 6,000 other apps with our Zapier integration.

Discover more features, check out these examples or see our FAQs