How Clearpay works for merchants
What to expect once you become a Clearpay merchant.
You’ve signed up to Clearpay. Now, what?
As a merchant, understanding Clearpay’s payments process is key. Not only will it give you clarity, but you’ll also be able to answer any questions from your customers.
Now that you’re a Clearpay merchant, here’s what to expect: first, integrate Clearpay into your online checkout or business terminal. Customers then make purchases as they normally do, but can split their purchase over four payments. However, you, the merchant, will be paid within days.
In short: becoming a Clearpay merchant means you can offer your customers a more flexible way to shop.
Here’s how it works…
How Clearpay works for merchants
- A customer purchases an item from your website or business using Clearpay.
- For online purchases you will receive your settlement fund from Clearpay within days. For in-store purchases, because the Clearpay Card is a prepaid Visa card, funds are settled via your card payment processor or acquiring partner. We will only debit the Clearpay Card transaction fees from your nominated bank account once these funds are settled.
- You can keep track of all payments and orders via daily settlement reports in the Clearpay Business Hub or via email.
Want to understand how Clearpay works for your customers? Find out here.
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