FerBuy is a payment solution where your customers can “buy now, pay later”. Through FerBuy, customers will have the ability to purchase items now, and pay at a later time through invoice or 2-6 months installment plan.
It works just like Paypal wherein the merchant immediately receives payment upon successful checkout. FerBuy will pay the merchant 99% of the total amount, charging only 1% for the merchant fee (lowest in the market). Then, FerBuy will send an invoice to the customer, and the customer can directly pay FerBuy according to the chosen payment plan. For customers who choose the 2-6 months installment plan, an additional 3.5% interest will be charged on top of the transaction fee.
FerBuy will allow you to broaden your market and even increase your sales. This payment mode is ideal for those e-shops with expensive items. There are NO RISKS for the merchant since FerBuy will take full credit and fraud risks. Please refer to the diagram below for more information about FerBuy.