The Bill Me Later® solution gives security-conscious consumers a quick, easy and secure way to pay online.
As easy and convenient as an online credit card without the physical plastic, the Bill Me Later solution helps customers shop online confidently.
E-commerce creates a barrier to some customers. People shopping online have to make the purchase later if they don’t have their credit card handy, and merchant websites that ask for credit card information scare some customers away. In addition, retailers using e-commerce pay higher rates for credit card transactions due to higher risk.
The Bill Me Later service offered through First Data allows merchants to process card-not present transactions (e-commerce, catalog, telephone and mail orders). It helps increase sales and reduces fraud and operating costs, using sophisticated credit underwriting, and recognizes customers with minimal input so they can shop more conveniently.
How It Works
Bill Me Later transactions are processed much like credit card transactions. For certified partners, authorization, settlement and exception processing are virtually identical, and authorization requests are provided in seconds. First-time customers accept billing terms and need only provide their date of birth and last four digits of their Social Security Number, and for subsequent purchases simply select the Bill Me Later option.
Help Your Business
- Maximize customer base
- Close more sales
- Decrease transaction costs over using a credit card online
- Reassure customers wary of using credit cards online
- Integrate with existing payment systems
Help Your Customers
- Shop any online or catalog store where the Bill Me Later option is accepted
- See all Bill Me Later transactions on one consolidated monthly statement
- Experience elevated security by not releasing credit card information
- Billing process built into purchasing sequence
- Full integration into existing payment processor
- Settlement process similar to credit cards
