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Laybuy

Brand: Laybuy

  • 4.1

  • 5 Ratings

Laybuy is a global leader in Buy ow, Pay Later payments that partners with industry-leading eCommerce platforms to provide a flexible payment option for customers, driving increased sales for merchants.

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Laybuy Software Overview

What is Laybuy?

Laybuy is a global leader in Buy ow, Pay Later payments technology that partners with industry-leading eCommerce platforms to provide a flexible payment option for customers, driving increased sales for merchants. Launched in May 2017, Laybuy has grown to be used in thousands of stores, with shoppers worldwide using the platform daily.

It offers an omni-channel experience, removes fraud risk, and provides easy payment options for customers to split purchases into six weekly, interest-free installments. Integration with Laybuy is simple and easy, with API documentation available for online and POS systems.

Why Choose Laybuy Software?

  • Increased Conversion Rates: Customers can purchase through six interest-free weekly installments, leading to higher average order values and increased sales conversion rates.
  • Immediate Payment: Merchants receive payments upfront, ensuring cash flow is unaffected while customers enjoy flexible payment options.
  • Reduced Fraud Risk: It assumes all non-payment and fraud risks, providing merchants with peace of mind and financial security.
  • Global Reach: The platform enables merchants to access a global customer base without needing local bank accounts in each country, facilitating international sales.
  • Seamless Integration: It integrates easily with major eCommerce platforms like BigCommerce and Salesforce, simplifying the setup process for merchants.

Benefits of the Laybuy Platform

  • Enhanced Customer Experience: Provides a smooth and flexible payment process, improving overall customer satisfaction.
  • Boosted Customer Retention: Flexible payment options can encourage repeat purchases and increase customer loyalty.
  • Simple Setup: Easy to implement and configure within existing eCommerce systems, minimizing disruption.
  • Detailed Reporting: Offers comprehensive reporting tools for tracking sales performance and customer behavior.
  • Marketing Opportunities: Merchants can use Laybuy’s payment options as a selling point in their marketing campaigns.
  • Customizable Terms: Merchants can adjust payment terms and conditions to fit their business needs.
  • o Hidden Fees: Provides transparent pricing with no hidden fees or surprise charges for merchants.

Pricing of Laybuy

Laybuy price details are available on request at techjockey.com.

The pricing model is based on different parameters, including extra features, deployment type, and the total number of users. For further queries related to the product, you can contact our product team and learn more about the pricing and offers.

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Laybuy Company Details

Founded Year:  2016

Laybuy is a technology-driven payments business that makes desirable and affordable payments.

Director/Founders Alex Rohloff, Gary Rohloff, Robyn Rohloff
Company Size 1-100 Employees

Laybuy Pricing & Plans

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Laybuy Features

  • icon_check Flexible Payment
    Allows customers to pay in six interest-free weekly installments.
  • icon_check Instant Approval
    Provides immediate approval for customer transactions without lengthy processes.
  • icon_check Data Protection
    Ensures secure handling and protection of customer and transaction data.
  • icon_check Account Management
    Offers tools for managing and tracking customer accounts and payments.
  • icon_check Insights & Analytics
    Provides valuable sales and customer behavior data to help merchants make informed decisions.
  • icon_check Payment Reminders
    Sends reminders to customers about upcoming payments to help them stay on track.
  • icon_check Third Party Integration
    Integrates with various eCommerce platforms and systems for seamless operation.

Laybuy Specifications

Supported Platforms
Ubuntu Ubuntu Windows Windows iOS iOS Android Android MacOS MacOS Linux Linux
Devices
Desktop Desktop Mobile Mobile Tablet Tablet iPad iPad
Deployment
Cloud-Based Cloud-Based
Suitable For
All Industries
Business Specific
All Businesses
Business Size
Small Business Startups Medium Business Enterprises
Customer Support
Email Communities
Language
English
Training Resources
Videos

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Laybuy Review

4.1

Out of 5

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Overall Rating

Based on
5 Verified Ratings

Rating Breakdown

  • Features 4.1
  • Value for Money 4.2
  • Ease of Use 4.1
  • Customer Support 4.1

88% Recommend this Product

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Laybuy Alternatives

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Price on Request

How much does Laybuy software cost?

Pricing details are available upon request from techjockey.com.

Is there an app available for Laybuy software?

Laybuy has iOS and Android apps.

Which operating systems does Laybuy software support?

Laybuy is compatible with Ubuntu, Windows, iOS, Android, MacOS, and Linux.

Does Laybuy offer a free trial?

Laybuy does not offer a free trial.

How does Laybuy software work?

Customers can purchase and pay in six interest-free weekly installments.

Who are the potential users of Laybuy software?

Merchants and businesses looking to offer flexible payment options to their customers.

Is Laybuy software free of charge?

Laybuy is not free; pricing is based on the merchant’s agreement with Laybuy.

What types of businesses can benefit from using Laybuy?

Retailers, eCommerce stores, and service providers can benefit from offering flexible payment options with Laybuy.

How quickly can merchants start using Laybuy?

Merchants can typically start using Laybuy soon after completing the setup and integration process.

Are there any setup or installation fees for Laybuy?

Setup fees may apply; contact Laybuy for details on any potential costs.

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Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.