Websites using Partial.ly

Okay, let s break down Partial.ly, covering its key aspects like revenue, alternatives, pricing, and customer care.

What is Partial.ly?

Partial.ly is a payment plan platform that allows businesses (especially e-commerce stores and service providers) to offer installment payment options to their customers. Instead of requiring customers to pay the full amount upfront, Partial.ly lets them break the total cost into smaller, more manageable installments over a set period. This can help businesses:

• Increase Sales: By making products or services more affordable.
• Attract New Customers: Those who might not be able to pay in full immediately.
• Improve Conversion Rates: Reduce cart abandonment.
• Build Customer Loyalty: Flexible payment options can lead to happier customers.

Key Features and Functionality:

• Payment Plan Creation: Set up custom payment plans with varying down payments, installment frequencies (weekly, bi-weekly, monthly, etc.), and durations.
• Automated Payments: Automatically charge customers credit/debit cards or bank accounts according to the payment schedule.
• Customer Management: Track payment history, manage customer accounts, and communicate with customers about their payment plans.
• Reporting and Analytics: Gain insights into payment plan performance, customer behavior, and overall sales.
• Integration: Connect with popular e-commerce platforms like Shopify, WooCommerce, Magento, BigCommerce, Wix, and others. They also offer an API for custom integrations.
• Risk Management: Partial.ly includes features to help mitigate risk, such as fraud screening and payment reminders. Some plans offer options for recourse if a payment fails.
• Branding: Customize the payment plan experience with your brand s logo and colors.
• Customer Portal: Customers can view their payment schedules, update payment methods, and communicate with you.

Revenue & Funding:

• Partial.ly is a privately held company. Therefore, their exact revenue figures are not publicly available. However, based on their market position and number of customers, they likely generate revenue in the millions of dollars annually.
• They are a part of DLL Group as of 2021.

Pricing:

Partial.ly offers a few different pricing tiers with varying features and transaction fees:

• Starter: This plan includes a small setup fee and transaction fees per payment.
• Growth: Has a monthly fee + transaction fees.
• Scale: Has higher monthly fee, but lower transaction fees for bigger sales.

It is important to check their website for the most up-to-date and detailed pricing information.

Customer Care Details:

• Help Center/Knowledge Base: Partial.ly provides a comprehensive help center with articles and FAQs covering a wide range of topics.
• Email Support: Users can typically contact Partial.ly s support team via email.
• Phone Support: Phone support may be available on higher-tier plans.
• Chat Support: The availability of chat support may vary.

Partial.ly Alternatives:

Here are some popular alternatives to Partial.ly, each with its own strengths and weaknesses:

• Affirm: Popular for larger purchases, offers point-of-sale financing with transparent terms. They take on the credit risk. Good for bigger stores.
• Klarna: Offers various payment options, including Pay in 4 and financing. Very popular and widely recognized. Good for bigger stores.
• Afterpay: Focuses on buy now, pay later in four installments. Popular in fashion and beauty. Good for bigger stores.
• Shop Pay Installments: Shopify s native buy now, pay later option. Seamless integration for Shopify stores. Only available for shopify stores
• Sezzle: Another buy now, pay later option, similar to Afterpay and Klarna.
• Splitit: Allows customers to use their existing credit cards to split payments into installments.
• Quadpay (Zip): Buy now, pay later with four interest-free installments.
• FuturePay: Revolving credit line specifically for online purchases.
• PayWhirl: Offers subscription and payment plan solutions, similar to Partial.ly. Good for subscription businesses
• ChargeOver: Focuses on recurring billing and subscription management, but can be used for payment plans. Good for subscription businesses
• Custom Payment Plans: Some businesses choose to manage their own payment plans manually using spreadsheets and basic payment processing. This is only viable for a very small number of customers.

When to Consider Partial.ly vs. Alternatives:

• Choose Partial.ly if:
  • You want a flexible and customizable payment plan solution that integrates well with your existing e-commerce platform or business systems.
  • You are comfortable with managing some of the risk associated with payment plans.
  • You want more control over the terms of the payment plans you offer.
  • You don t want to give control of customer to a third party.
• Consider Affirm, Klarna, Afterpay, or Sezzle if:
  • You want a widely recognized and trusted buy now, pay later brand.
  • You want to transfer the credit risk to the payment provider.
  • You are focused on attracting customers who are already familiar with these BNPL services.
• Consider Shop Pay Installments if:
  • You have a Shopify store and want a seamless, native integration.
• Consider PayWhirl or ChargeOver if:
  • You have a recurring billing or subscription-based business model.

Summary Table:

| Feature | Partial.ly | Affirm/Klarna/Afterpay/Sezzle | Shop Pay Installments | PayWhirl/ChargeOver | |-------------------|------------------------------------------|------------------------------|------------------------|----------------------| | Payment Plans | Flexible, Customizable | Buy Now, Pay Later | Buy Now, Pay Later | Recurring/Payment Plan | | Risk | Managed by merchant (some recourse options)| Managed by provider | Managed by Shopify | Managed by merchant | | Integration | Wide range of platforms, API | Limited | Shopify Only | Varies | | Branding | Customizable | Limited | Limited | Customizable | | Best For | Businesses wanting control | Attracting BNPL users | Shopify stores | Subscription businesses|

To make the best choice, carefully evaluate your business needs, target audience, risk tolerance, and budget. Review the pricing and terms of service of each provider to determine the best fit for your specific requirements. Always check the most up to date information from each company s website.