{"id":5674,"date":"2020-07-12T09:24:02","date_gmt":"2020-07-12T09:24:02","guid":{"rendered":"https:\/\/web3unplugged.io\/blog\/?p=5674"},"modified":"2020-07-12T09:24:05","modified_gmt":"2020-07-12T09:24:05","slug":"spotii-brings-shop-now-pay-later-concept-from-online-to-in-store","status":"publish","type":"post","link":"https:\/\/web3unplugged.io\/blog\/spotii-brings-shop-now-pay-later-concept-from-online-to-in-store\/","title":{"rendered":"Spotii Brings &#8216;Shop Now, Pay Later&#8217; Concept From Online To In Store"},"content":{"rendered":"\n<p>Following the enormous success of its deferred online payment scheme,\u00a0<strong>Spotii,<\/strong>\u00a0the innovative payment technology provider, is now the first Shop Now Pay Later in the region to bring the same deferred payment scheme offline and in the store exclusive to Spotii merchants.<\/p>\n\n\n\n<p>Spotii \u2013 which launched in April 2020 \u2013 allows consumers to split purchase costs over four payments \u2013 with a 25% down payment at checkout, then an additional three payments.<\/p>\n\n\n\n<p>The pandemic-beating payment plan is only available at participating merchants, but Spotii is seeing a flurry of merchants keen to generate new sales.<\/p>\n\n\n\n<p>With absolutely no hidden costs, fees or charges for the customer, Spotii\u2019s first-to-market, industry-disrupting payment mechanism will help consumers make purchases during the tough post-pandemic period, wherever they shop, whether at an online retailer or in a physical store.<\/p>\n\n\n\n<p>Here\u2019s how it works: You visit one of your favourite stores and if they\u2019re a Spotii merchant, you can use Spotii\u2019s easy payment terms for your purchase. You pay 25% of the purchase costs and take your goods. Then you simply make another 25% payment either every other week or every month, with no hidden costs, fees, or charges. If your favourite store isn\u2019t on Spotii you can ask them to get in touch with Spotii and join its growing network. Flexibility and consumer convenience is at the heart of Spotii\u2019s offering, along with giving merchants a convenient way to offer more payment options to customers.<\/p>\n\n\n\n<p>CEO Anuscha Iqbal says: \u00a0\u201cWe launched our services online, but we are acutely aware that while online purchases have doubled in the region during the pandemic,\u00a0real-world\u00a0shopping is a huge part of UAE culture, and we want to ensure we help people out everywhere.\u00a0We\u00a0can now\u00a0help merchants deliver state of the art payment solutions to\u00a0customers both on- and offline.\u201d<\/p>\n\n\n\n<p>\u201cMany haven\u2019t got the time, or resources required to quickly develop an online presence. Our \u2018In\u00a0store\u2019 offering is a comfortable, convenient way for\u00a0merchants to offer innovative payment to customers, and a bridge between\u00a0bricks and mortar and digital,\u201d explains Iqbal.\u00a0<\/p>\n\n\n\n<p>Research shows deferred payment options increase buyer\u2019s basket size, boost conversion rates and decrease refunds \u2013 reducing the need for merchant discounting\u00a0<em>and\u00a0<\/em>increasing customer loyalty.<\/p>\n\n\n\n<p>Splitting payments is not a new concept, but Spotii is proudly the region\u2019s first payment-splitting offering which\u00a0<em>does not\u00a0<\/em>charge consumers to use its service \u2013 and never will.<\/p>\n\n\n\n<p>Merchants can sign up directly with Spotii, via the website\u00a0<a href=\"http:\/\/www.spotii.me\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.spotii.me<\/a>.<\/p>\n\n\n\n<p>To find out more and to see where you can take advantage of the growing range of innovative Spotii deferred payment offerings, visit\u00a0<a href=\"http:\/\/spotii.me\/\" target=\"_blank\" rel=\"noreferrer noopener\">spotii.me<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the enormous success of its deferred online payment scheme,\u00a0Spotii,\u00a0the innovative payment technology provider, is now the first Shop Now Pay Later in the region to bring the same deferred payment scheme offline and in the store exclusive to Spotii merchants. Spotii \u2013 which launched in April 2020 \u2013 allows consumers to split purchase costs [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5675,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-5674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/1.Anuscha-Iqbal_CEO-1-scaled.jpg",2560,2560,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/1.Anuscha-Iqbal_CEO-1-scaled.jpg",2560,2560,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/1.Anuscha-Iqbal_CEO-1-scaled.jpg",2560,2560,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/1.Anuscha-Iqbal_CEO-1-150x150.jpg",150,150,true],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/1.Anuscha-Iqbal_CEO-1-300x300.jpg",300,300,true],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/1.Anuscha-Iqbal_CEO-1-1024x1024.jpg",1024,1024,true],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/1.Anuscha-Iqbal_CEO-1-1536x1536.jpg",1536,1536,true],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/1.Anuscha-Iqbal_CEO-1-2048x2048.jpg",2048,2048,true],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/1.Anuscha-Iqbal_CEO-1-scaled.jpg",420,420,false],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2020\/07\/1.Anuscha-Iqbal_CEO-1-scaled.jpg",100,100,false]},"rttpg_author":{"display_name":"admin","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/web3unplugged.io\/blog\/category\/uncategorized\/\" rel=\"category tag\">Uncategorized<\/a>","rttpg_excerpt":"Following the enormous success of its deferred online payment scheme,\u00a0Spotii,\u00a0the innovative payment technology provider, is now the first Shop Now Pay Later in the region to bring the same deferred payment scheme offline and in the store exclusive to Spotii merchants. Spotii \u2013 which launched in April 2020 \u2013 allows consumers to split purchase costs&hellip;","_links":{"self":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/5674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/comments?post=5674"}],"version-history":[{"count":1,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/5674\/revisions"}],"predecessor-version":[{"id":5676,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/5674\/revisions\/5676"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media\/5675"}],"wp:attachment":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media?parent=5674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/categories?post=5674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/tags?post=5674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}