Choosing the Right Payment Solution: Why Partial.ly is the Ideal Payment Plan Solution Compared to Afterpay

In today’s competitive market, offering flexible payment options is essential to attract and retain customers. Platforms like Afterpay have gained popularity for their “buy now, pay later” (BNPL) solutions, but they aren't always the best fit for every merchant. Enter Partial.ly, a robust payment plan platform that gives businesses greater control and flexibility. Here’s why Partial.ly payment plans are a superior choice for merchants compared to Afterpay.

Greater Flexibility in Payment Terms

Partial.ly allows merchants to set customizable payment plans tailored to their business and customers' needs. You can:
Define down payment amounts.
Adjust payment intervals (weekly, bi-weekly, monthly).
Set the duration of the payment plan.
In contrast, Afterpay enforces rigid terms (four equal installments over six weeks), which might not align with every customer’s ability to pay or your business model.

Keep More of Your Revenue

Afterpay charges merchants high fees—typically between 4% to 6% of each transaction. Partial.ly offers a more cost-effective pricing model with a flat transaction fee of 2%, enabling merchants to retain more of their hard-earned revenue.

Increased Control Over Customer Relationships

When you use Partial.ly, you maintain direct communication and a closer relationship with your customers. Afterpay acts as a middleman, meaning your customers interact with Afterpay instead of your brand. By keeping customers within your ecosystem, Partial.ly fosters loyalty and repeat business.

Support for Larger Purchases

Partial.ly is better suited for merchants selling high-ticket items. Afterpay’s installment plans are often capped at relatively low amounts, limiting their usability for larger purchases. Partial.ly offers the scalability and flexibility to accommodate a broader range of price points.

Serve a Broader Audience with No Credit Checks

Partial.ly doesn't restrict customer eligibility based on strict credit checks or purchase caps. This inclusivity enables you to serve more customers, including those who may not qualify for Afterpay.

Transparent Terms for Merchants and Customers

Partial.ly offers clear and transparent terms for both merchants and customers, helping build trust and satisfaction. Afterpay’s fees, penalties, and rigid structures can sometimes lead to confusion or dissatisfaction for users.

Conclusion

While Afterpay is a popular BNPL platform, it’s not the best fit for every business. Partial.ly payment plans empower merchants with flexibility, lower fees, and stronger customer relationships, making it a smart choice for growing businesses. By offering tailored payment plans with Partial.ly, you can attract more customers, close more sales, and boost long-term loyalty.

Ready to take your payment plans to the next level? Explore how Partial.ly can transform your checkout process and drive your business forward.