Vagaro Pay Later incentivizes your clients to make larger purchases, even if they don't have the funds upfront. With Vagaro Pay Later, clients can split their payments into four interest-free installments over a six-week period. This means that your clients can afford the pricier services they normally wouldn't be able to.
Here's how it works: Let's say a client wants to purchase a package of services from your business for $400. With Vagaro Pay Later, they can split the cost into four equal payments of $100 over six weeks. And the best part? There are no finance charges for the client!
When your client makes a purchase using Vagaro Pay Later, you'll receive the full purchase amount (minus a 6% non-refundable fee) in your bank account the next business day. This means you can offer more expensive services without worrying about cash flow issues.