How to Get Approved for Buy Now Pay Later Merchant Accounts while Dropshipping?

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sleez

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Jun 26, 2024
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I'm currently in the process of applying for merchant accounts for buy now pay later options for my store since we sell higher ticket items. It would be super helpful to have options on my website such as afterpay, klarna, affirm, etc...

I've made an application for afterpay so far, but was denied after submitting my business info which I am assuming has to do with me dropshipping. Does anyone know of any work arounds to get approved by these types of merchants while dropshipping without them knowing?
 
just use them with Stripe; beware that if you sell to EU customers, you need an UK/EU company, and if you sell to US customers, you need US company. PayPal, also offer split payments, and same rules apply.
 
ilDavid6311 said:
just use them with Stripe; beware that if you sell to EU customers, you need an UK/EU company, and if you sell to US customers, you need US company. PayPal, also offer split payments, and same rules apply.
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Dropshipping with Stripe is a mess, unfortunately. I would get my account shut down
 
sleez said:
I'm currently in the process of applying for merchant accounts for buy now pay later options for my store since we sell higher ticket items. It would be super helpful to have options on my website such as afterpay, klarna, affirm, etc...

I've made an application for afterpay so far, but was denied after submitting my business info which I am assuming has to do with me dropshipping. Does anyone know of any work arounds to get approved by these types of merchants while dropshipping without them knowing?
Click to expand...
in the exact same position twin how's it going?

ilDavid6311 said:
beware that if you sell to EU customers, you need an UK/EU company, and if you sell to US customers, you need US company.
Click to expand...
where is this stated?
 
sleez said:
Dropshipping with Stripe is a mess, unfortunately. I would get my account shut down
Click to expand...
Why? I used it with no issues.

fighthorse said:
Does it increase sales for you with Klarna ?
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It will depend on the items for sale, but some 'finance' options will typically help. If you don't have it and there is demand, customers will email about it. That's the only reason I added it to a site.

Generally, having it on there can't be any negative effects anyway. Assuming it doesn't disrupt your checkout flow, which presumably has already been working well. Or you have excessively high fees compared to your standard processor, and it's not bringing 'new' sales, only funnelling a few of those that would have ordered anyway into it as they recognise it, etc.

I tend to go with Pay in 3. When I inquired, Klarna's fees were high, and I didn't like the onboarding process.
 
polonieth said:
Why? I used it with no issues.


It will depend on the items for sale, but some 'finance' options will typically help. If you don't have it and there is demand, customers will email about it. That's the only reason I added it to a site.

Generally, having it on there can't be any negative effects anyway. Assuming it doesn't disrupt your checkout flow, which presumably has already been working well. Or you have excessively high fees compared to your standard processor, and it's not bringing 'new' sales, only funnelling a few of those that would have ordered anyway into it as they recognise it, etc.

I tend to go with Pay in 3. When I inquired, Klarna's fees were high, and I didn't like the onboarding process.
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which one do you use for pay in 3?
 
polonieth said:
I tend to go with Pay in 3. When I inquired, Klarna's fees were high, and I didn't like the onboarding process.
Click to expand...
What is it you don't like with their onboarding process if I may ask?

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