|PC-EFTPOS Supports Buy Now, Pay Later at the POS
According to ASIC, in its first review of the buy now, pay later industry, the number of Australian consumers using these products has increased by 500% in the last 2 financial years. There are now over 2 million users of these systems in Australia.
In an effort to close the gap between what consumers expect and companies can deliver, PC-EFTPOS has developed extensions that add to the core EFTPOS payment API that is provided to the point of sale (POS) by the PC-EFTPOS EFT-Client. These extensions allow the POS to perform proprietary buy now, pay later transactions.
PC-EFTPOS have developed extensions for Zip, Afterpay and Oxipay and these are now available to all PC-EFTPOS software users.
We have also developed a Generic API that will allow for multiple alternative payment methods to be added to a POS using a single extension. Our Generic API currently supports Afterpay, Oxipay and Alipay. We will add support for all new partners to this API and over time will add support for our existing third party applications.
If you would like to find our more about how we can help you add these services please get in contact with David or Andrew.