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FuturePay MyTab Digital Revolving Credit logo

FuturePay MyTab Digital Revolving Credit

Develop by futurepay.com
Free plan available

Boosts sales by capturing clients, improving orders, and reducing cart abandonment.

Reduces abandonment
Captures clients
Improves orders
Enhances payments
Boosts repeat shoppers

About FuturePay MyTab Digital Revolving Credit

Description

FuturePay MyTab, a cardless digital revolving credit platform that is secure, cost-effective, and easy-to-implement

Captures new clients

Increases average order value

Drives up repeat shopper rates

Increases mobile payments

Decreases cart abandonment

Pros

  • Captures new clients, expanding the customer base.
  • Increases average order value, boosting revenue.
  • Drives up repeat shopper rates, fostering customer loyalty.
  • Enhances mobile payment capabilities, offering convenience.
  • Reduces cart abandonment, improving sales conversion.

Cons

  • Limited information on interest rates and fees, which may be a concern for some users.
  • Requires integration with existing systems, potentially leading to technical challenges.
  • Dependent on user acceptance of digital credit, which may vary across different demographics.
  • Potential for increased consumer debt, which could be a drawback for financially vulnerable users.

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