Announcing our latest partnership with Stripe
Clearpay is pleased to announce their latest partnership with Stripe that promises to offer even greater opportunity and growth for retailers.
Stripe is a technology company building economic infrastructure for the internet, which will offer Clearpay’s payment service to their merchants through an easy and seamless integration.
"Stripe is delighted to partner with Clearpay to make it easy and fast for online businesses to offer their customers Buy Now, Pay Later,” said Noah Pepper, Stripe's Business Lead for APAC. “We've seen strong demand from users around the world for flexible payment options, and this partnership gives businesses on Stripe an effective tool for capturing more sales and reaching new customers,"
"Stripe is delighted to partner with Clearpay to make it easy and fast for online businesses to offer their customers Buy Now, Pay Later”
From late-February, businesses already using Stripe can start accepting Clearpay in minutes - there’s no application, onboarding, or underwriting process to get started. This will also extend to top e-commerce platforms and Squarespace - the all-in-one website building platform. In fact, Squarespace is the first platform to leverage the partnership and offer Clearpay to its customers.
Offering Clearpay will be particularly beneficial for Squarespace’s new and emerging retailers. This is due to the way Squarespace enables merchants to build a fully integrated checkout experience with ease while maintaining the look and feel of their brand. Merchants will also experience the benefits of offering customers a flexible payment option – a proven way of attracting new customers and delivering higher conversions and average order values.
“Clearpay has been a top requested feature from our customers,” said Paul Gubbay, Chief Product Officer at Squarespace. “Through this partnership, we’re glad to be able to offer our merchants even more flexibility in how they transact with their customers and increase top-line sales without having to sacrifice the design elements that are unique to their brand.”
Ben Pressley, Clearpay’s SVP of Global Sales Strategy and Operations believes that the partnership between Clearpay and Stripe will also help retailers meet the growing demand of the younger generation. “Millennial and Gen Z consumers are demonstrating a clear preference for flexible payment options that allow them to budget and spend responsibly,” he says.
“Clearpay has been a top requested feature from our customers”
“By partnering with Stripe and Squarespace, we’re equipping retailers with the tools to meet this consumer demand - offering the younger generation a way to use their own money and pay over time, always free of interest.”
Stripe merchants in the US, UK, Australia and New Zealand can now integrate Clearpay, and will be available to merchants in Canada soon. Squarespace offers the combined integration of Stripe and Clearpay to their Commerce customers in the US, Australia and New Zealand, and will be available to Canadian customers soon.
We’re so excited about the partnership and can’t wait to see how it benefits our merchants and customers in 2021 and beyond.
If you’d like to find out more about the benefits of Clearpay, schedule a meeting with one of our Retailer Team Members today at [email protected].
Categories