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Accept WooCommerce installment payments
Adding installment payments to your WooCommerce checkout will lead to improved customer satisfaction, increased retention rates, and more sales. But you’ll need a payment gateway that supports installment payments and integrates with WooCommerce.
That’s where we come in. Our advanced e-commerce payment gateway lets you accept the widest range of online payment methods in your WooCommerce store. Let your customers pay in 4 installments while you get paid in full, thanks to our partnership with Cofidis 4xcard.
Increase conversions and boost trust with Cofidis installment payments for WooCommerce
Cofidis is Spain’s leader in consumer credit and is used and trusted by many. Configure WooCommerce installment payments to let shoppers enjoy buying now and paying later. You’ll always get paid in full when the order is placed, and you’ll never have to worry about tracking down customers for money.
Installment Payments by Cofidis: how does it work?
After you create your MONEI account and configure the Cofidis payment method, your customers can select installment payments at checkout for purchases from €75 to €1,000.
For shoppers, the checkout process is simple. All they have to do is provide their credit card details and personal ID, and it takes less than three minutes to complete the online application.
The first payment happens at the time of purchase and the balance customer transactions occur automatically 30, 60, and 90 days after the initial payment. You’ll get paid in full one day after the order is placed.
For more information about enabling Cofidis and payouts, go here.
Why use MONEI’s e-commerce payment gateway?
As an e-commerce merchant, it’s crucial to accept as many online payment methods as possible. Aside from pay in 4 options such as Cofidis, modern consumers demand more ways to pay online. This includes digital wallets like Apple Pay, PayPal, Google Pay, and Click to Pay as well as Bizum, an increasingly popular local payment method in Spain.
That’s why we aggregate all major and alternative payment methods into one platform that you can manage from a single dashboard. This way, you’ll reach more people, provide a better customer experience, and boost sales.
We’re the only payment gateway to offer dynamic pricing. As your sales increase, you’ll spend less on transaction fees. Scaled pricing updates in real-time so you can save money to reinvest in your business.
Choose the most flexible payment gateway for your WooCommerce store — view pricing here.
Connect your WooCommerce store with MONEI to start accepting installment payments today
Quickly and easily connect your WooCommerce store with MONEI to start accepting more payment methods today.
- Sign up for MONEI here
- Configure Installment Payments by Cofidis in your MONEI dashboard
- Follow the WooCommerce plugin guide to connect MONEI to your online store
