Inbank launched a new payment module on the Shopify online platform to offer merchants using Shopify added value and the opportunity to grow their sales and customer base.
The Payment Solutions app allows online stores to connect to Inbank payment methods. Merchants can integrate their online store with both credit-free "buy now, pay later " Indivy payment methods as well as traditional installments.
Inbank installments give customers the opportunity to divide their shopping cart into any number of installments with a favorable annual interest rate. However, the credit-free Indivy products, which are gaining popularity among customers, allow the customer to pay for the purchase only the next month or in several equal installments without any additional charge. In the case of credit-free products, the merchant covers the symbolic service fee, which makes the product especially attractive to those customers who do not want to use the installment option.
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In order to offer customers flexible payment solutions and grow their sales, merchants need to install Inbank's payment methods on their platform in the form of an app. Inbank already takes care of digital real-time credit decisions, payouts, customer communication, notifications and more.
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A customer who clicks on the payment solution on the Shopify tab will be redirected directly from the merchant's website to the Inbank transaction environment, where the customer can add their details, confirm the agreement and complete the application. After the funding process is successful, the customer will be redirected back to the merchant's website.
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Merchants can also view their transactions in the Inbank Partner Portal, where they can see an overview of transactions and their status. Merchants can also make partial and full refunds, cancel contracts, and download sales and payout reports.
Inbank's payment module is available in Estonian, Latvian, Russian, English, Polish and Czech languages.
You can find a test store with Inbank payment solutions here: https://inbank-demo.myshopify.com/password
Please use the password "Inbank123".
Merchants who wish to add Inbank payment methods to their online store are asked to submit a request to join here: https://www.inbank.ee/kaupmehele?scrollTo=contact . You can also send us a letter at partner@inbank.ee . Inbank will then find suitable payment solutions and conditions that suit your business.